Jefferies Financial Group (NYSE:JEF) released its earnings results on Wednesday. The financial services provider reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.39, Briefing.com reports. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the business earned ($0.06) EPS.
NYSE:JEF opened at $21.07 on Thursday. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.01. The business’s 50 day moving average is $21.17 and its two-hundred day moving average is $19.84. Jefferies Financial Group has a 52 week low of $16.84 and a 52 week high of $21.79. The company has a market cap of $6.33 billion, a PE ratio of 26.01 and a beta of 1.49.
In other Jefferies Financial Group news, Chairman Joseph S. Steinberg sold 522,810 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $21.03, for a total transaction of $10,994,694.30. Following the transaction, the chairman now owns 2,632,979 shares of the company’s stock, valued at approximately $55,371,548.37. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 10.00% of the company’s stock.
Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.
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