KB Financial Group Inc. (KB) Sees Large Volume Increase
KB Financial Group Inc. (NYSE:KB) shares saw unusually-strong trading volume on Thursday . Approximately 167,430 shares traded hands during mid-day trading, an increase of 42% from the previous session’s volume of 118,033 shares.The stock last traded at $27.61 and had previously closed at $27.54.
Separately, Zacks Investment Research raised KB Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday, March 22nd.
The company has a market capitalization of $10.54 billion and a PE ratio of 7.54. The firm’s 50-day moving average is $28.69 and its 200 day moving average is $27.41.
A hedge fund recently bought a new stake in KB Financial Group stock. GAM Holding AG purchased a new position in shares of KB Financial Group Inc. (NYSE:KB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 38,400 shares of the company’s stock, valued at approximately $1,070,000.
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