BB Seguridade Participacoes (OTCMKTS:BBSEY – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01, Zacks reports. BB Seguridade Participacoes had a return on equity of 79.22% and a net margin of 87.94%.
BB Seguridade Participacoes Price Performance
BB Seguridade Participacoes stock traded down $0.15 during trading hours on Tuesday, hitting $7.35. The company had a trading volume of 231,880 shares, compared to its average volume of 140,769. BB Seguridade Participacoes has a fifty-two week low of $6.01 and a fifty-two week high of $8.81. The firm has a market capitalization of $14.27 billion, a P/E ratio of 8.17 and a beta of 0.39. The firm’s fifty day moving average is $7.95 and its 200-day moving average is $7.42.
Analyst Upgrades and Downgrades
BBSEY has been the subject of a number of recent analyst reports. Citigroup downgraded shares of BB Seguridade Participacoes to a “sell” rating in a research report on Friday, September 11th. Zacks Research raised BB Seguridade Participacoes from a “strong sell” rating to a “hold” rating in a research report on Monday, August 17th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BB Seguridade Participacoes currently has a consensus rating of “Reduce”.
Check Out Our Latest Research Report on BB Seguridade Participacoes
About BB Seguridade Participacoes
BB Seguridade Participações SA is a Brazilian holding company controlled by Banco do Brasil that operates in the insurance, brokerage, private pension and related financial-protection sectors. Through its subsidiaries and strategic partnerships, the company offers products designed for individuals, businesses and rural customers.
Its activities include the distribution and intermediation of insurance products through BB Corretora, as well as participation in companies that provide life, property, rural and other insurance products.
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