BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Gap Up – Should You Buy?

BB Seguridade Participacoes SA (OTCMKTS:BBSEY)’s stock 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 traded.

BB Seguridade Participacoes Stock Up 0.3%

The company has a market capitalization of $13.04 billion, a P/E ratio of 8.05, a price-to-earnings-growth ratio of 2.23 and a beta of 0.61. The business has a 50 day moving average of $6.19 and a 200 day moving average of $6.31.

BB Seguridade Participacoes (OTCMKTS:BBSEY) last posted its earnings results on Tuesday, November 4th. The company reported $0.22 earnings per share 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 firm had revenue of $499.59 million during the quarter, compared to analyst estimates of $435.25 million. On average, research analysts anticipate that BB Seguridade Participacoes SA will post 0.71 EPS for the current year.

BB Seguridade Participacoes Company Profile

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.