Siebert Financial Corp (NASDAQ: SIEB), an asset management company, is featured as today’s top momentum gainer since it gained more than 30% touching its new intraday 52-week highs during the last two consecutive trading days with far more shares changing hands than in a normal session. SIEB was among the top gainer in the U.S. financial sector after gaining 31% during the last session and closed at its 52-week high of $3.85 while recording huge volumes of over 102,902 shares. During the past 5 trading sessions, SIEB rallied 94.4% with daily average traded volumes of 26,904 shares. A strong momentum is witnessed in the stock since it has surged over 139% in the past one month with daily average volume of 6,110 shares.
Company Description:
Siebert Financial Corp (NASDAQ: SIEB) is a holding company. The Company, through its subsidiary, operates a retail stock brokerage business. Siebert also provides corporate investment banking, institutional equity and fixed-income sales, and trading services.
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