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Siebert Financial Corp. (SIEB) has reached a new 52-week high, with its stock price climbing to $3.37. The company, currently valued at $131 million by market capitalization, trades at an attractive P/E ratio of 8.5x and has demonstrated solid revenue growth of 17% in the past year. This milestone reflects a significant uptrend for the company, which has seen its stock value surge by an impressive 50.93% over the past year. Investors have shown increased confidence in Siebert Financial’s performance and prospects, contributing to the stock’s robust growth and its current standing at the top of its 52-week range. The company’s financial health and strategic initiatives are likely factors in this positive investor sentiment, as the market responds to Siebert Financial’s developments and potential for future growth. According to InvestingPro, the company maintains a "GOOD" overall financial health score, with 8 additional exclusive insights available to subscribers.
In other recent news, Siebert Financial Corp has updated its auditor’s consent in a filing with the Securities and Exchange Commission. This amendment, filed on April 10, 2025, corrects the date of the audit opinion and registration statement references in the original consent attached to the company’s Annual Report for the fiscal year ending December 31, 2024. Siebert Financial emphasized that this procedural update does not affect any previously reported financial results or disclosures, maintaining the integrity of their financial reporting. The amendment was signed by key executives, including CEO John J. Gebbia and CFO Andrew H. Reich, and is available in the latest SEC filing.
Additionally, INX Ltd has filed its annual financial report with the SEC, providing a detailed overview of its financial performance for the fiscal year ended December 31, 2024. The Gibraltar-based company, operating under the name 09 Crypto Assets, included its Annual Information Form, Management’s Discussion and Analysis, and Consolidated Financial Statements in the filing. Although specific financial figures were not disclosed, the report offers insights into the company’s operations and management’s perspective on its financial condition. INX Ltd’s President and CEO, Shy Datika, ensured the report’s compliance with regulatory requirements, and the complete documents are available for investors and stakeholders as part of the SEC filing.
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