NASDAQ:COWN traded up $0.38 during trading on Thursday, reaching $16.98. The company’s stock had a trading volume of 6,032 shares, compared to its average volume of 320,439. The company has a market capitalization of $488.06 million, a PE ratio of 6.57 and a beta of 1.39. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.14 and a quick ratio of 1.14. Cowen has a 12 month low of $11.80 and a 12 month high of $17.99.
Cowen (NASDAQ:COWN) last announced its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.04. The firm had revenue of $233.50 million during the quarter, compared to the consensus estimate of $220.13 million. Cowen had a return on equity of 10.00% and a net margin of 4.55%. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.79 EPS.
Cowen Company Profile
Cowen Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides alternative investment management, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its subsidiaries. Through its subsidiaries, the firm invests in equity and fixed income markets.
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