BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Gap Up – Here’s Why

by · The Cerbat Gem

BB Seguridade Participacoes SA (OTCMKTS:BBSEY – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $6.1750, but opened at $6.50. BB Seguridade Participacoes shares last traded at $6.49, with a volume of 1,472 shares.

BB Seguridade Participacoes Trading Up 0.3%

The company has a 50-day moving average price of $6.19 and a two-hundred day moving average price of $6.31. The stock has a market cap of $13.04 billion, a P/E ratio of 8.05, a P/E/G ratio of 2.23 and a beta of 0.61.

BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. BB Seguridade Participacoes had a return on equity of 84.08% and a net margin of 87.16%.The company had revenue of $499.59 million during the quarter, compared to the consensus estimate of $435.25 million. As a group, equities analysts forecast that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current fiscal year.

About BB Seguridade Participacoes

(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.

See Also