BB Seguridade Participações (OTCMKTS:BBSEY) Reaches New 1-Year Low – What’s Next?

BB Seguridade Participações S.A. (OTCMKTS:BBSEY)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $5.38 and last traded at $5.49, with a volume of 128113 shares traded. The stock had previously closed at $5.65.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded BB Seguridade Participações from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th.

BB Seguridade Participações Trading Down 2.8 %

The stock has a fifty day moving average price of $6.02 and a 200-day moving average price of $6.19. The firm has a market capitalization of $10.98 billion, a price-to-earnings ratio of 6.73, a PEG ratio of 1.71 and a beta of 1.00.

BB Seguridade Participações (OTCMKTS:BBSEY) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The company had revenue of $474.21 million during the quarter. BB Seguridade Participações had a return on equity of 77.88% and a net margin of 84.97%. On average, equities analysts expect that BB Seguridade Participações S.A. will post 0.69 EPS for the current year.

About BB Seguridade Participações

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.