BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Gap Down – Time to Sell?

BB Seguridade Participacoes SA (OTCMKTS:BBSEY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $7.35, but opened at $7.10. BB Seguridade Participacoes shares last traded at $7.10, with a volume of 12,794 shares changing hands.

BB Seguridade Participacoes Stock Performance

The firm has a market cap of $14.08 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 2.56 and a beta of 0.36. The stock has a 50-day simple moving average of $6.52 and a two-hundred day simple moving average of $6.30.

BB Seguridade Participacoes (OTCMKTS:BBSEY) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.02. The firm had revenue of $499.59 million during the quarter, compared to analysts’ expectations of $435.25 million. BB Seguridade Participacoes had a net margin of 87.16% and a return on equity of 79.01%. As a group, sell-side analysts anticipate that BB Seguridade Participacoes SA will post 0.71 EPS for the current fiscal year.

About BB Seguridade Participacoes

BB Seguridade Participações SA is a leading Brazilian insurance and pension holding company, primarily focused on the design, underwriting and distribution of risk protection and retirement solutions. As a publicly traded subsidiary of Banco do Brasil, BB Seguridade operates through a network of specialized businesses that serve both individual and institutional clients across Brazil.

The company’s main offerings are delivered via its core subsidiaries: Brasilprev (private pension and savings plans), BB Mapfre (property & casualty insurance), Brasilveículos (auto warranty and mechanical protection), Brasilcap (surety bonds) and BB Seguros (life, rural and personal accident insurance).