KB Financial Group Inc. (KB) Sees Large Volume Increase
Shares of KB Financial Group Inc. (NYSE:KB) saw strong trading volume on Thursday . 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 cut shares of KB Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, March 29th.
The firm has a 50 day moving average of $28.67 and a 200 day moving average of $27.41. The firm has a market cap of $10.63 billion and a P/E ratio of 7.63.
A hedge fund recently bought a new stake in KB Financial Group stock. GAM Holding AG acquired a new stake in KB Financial Group Inc. (NYSE:KB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 38,400 shares of the company’s stock, valued at approximately $1,070,000.
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