KB Financial Group Inc. (NYSE:KB)’s share price gapped down prior to trading on Friday . The stock had previously closed at $29.10, but opened at $29.29. KB Financial Group shares last traded at $29.70, with a volume of 71,937 shares changing hands.

Separately, Zacks Investment Research raised shares of KB Financial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, April 5th.

The stock’s 50-day moving average is $28.72 and its 200 day moving average is $27.42. The stock has a market cap of $11.35 billion and a P/E ratio of 8.10.

A hedge fund recently bought a new stake in KB Financial Group stock. GAM Holding AG purchased a new position in KB Financial Group Inc. (NYSE:KB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 38,400 shares of the company’s stock, valued at approximately $1,070,000.

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