BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Gap Up – What’s Next?

Shares of BB Seguridade Participacoes SA (OTCMKTS:BBSEYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $6.20, but opened at $6.40. BB Seguridade Participacoes shares last traded at $6.4101, with a volume of 22,521 shares trading hands.

BB Seguridade Participacoes Stock Up 3.7%

The stock has a market capitalization of $12.86 billion, a PE ratio of 7.94, a PEG ratio of 2.29 and a beta of 0.61. The firm has a 50 day moving average price of $6.14 and a 200-day moving average price of $6.39.

BB Seguridade Participacoes (OTCMKTS:BBSEYGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. BB Seguridade Participacoes had a net margin of 87.16% and a return on equity of 84.08%. The business had revenue of $499.59 million for the quarter, compared to analyst estimates of $435.25 million. Equities analysts expect that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participacoes Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 19th were given a $0.3327 dividend. The ex-dividend date was Monday, August 18th. This represents a yield of 1,065.0%. BB Seguridade Participacoes’s payout ratio is 82.72%.

BB Seguridade Participacoes Company Profile

(Get Free Report)

BB Seguridade Participações SA, through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through Security and Brokerage segments. The Security segment offers life, property, rural, special risks and financial, transport, hulls, and housing people insurance products.

Recommended Stories

Receive News & Ratings for BB Seguridade Participacoes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BB Seguridade Participacoes and related companies with MarketBeat.com's FREE daily email newsletter.