BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

BB Seguridade Participacoes SA (OTCMKTS:BBSEY – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $7.20, but opened at $6.5250. BB Seguridade Participacoes shares last traded at $6.58, with a volume of 80,429 shares changing hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of BB Seguridade Participacoes to a “neutral” rating in a research report on Friday, February 13th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, BB Seguridade Participacoes presently has a consensus rating of “Hold”.

Read Our Latest Stock Report on BBSEY

BB Seguridade Participacoes Stock Performance

The stock has a market cap of $13.60 billion, a PE ratio of 8.19, a P/E/G ratio of 2.52 and a beta of 0.34. The business’s fifty day moving average price is $6.87 and its 200-day moving average price is $6.44.

BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. The company had revenue of $486.61 million during the quarter, compared to analyst estimates of $509.09 million. BB Seguridade Participacoes had a return on equity of 78.13% and a net margin of 87.29%. Analysts forecast that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participacoes Company Profile

(Get Free Report)

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).

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