BB Seguridade Participações (OTCMKTS:BBSEY) Sets New 52-Week High – Time to Buy?

Shares of BB Seguridade Participações S.A. (OTCMKTS:BBSEYGet Free Report) hit a new 52-week high on Thursday . The stock traded as high as $7.30 and last traded at $7.25, with a volume of 120090 shares changing hands. The stock had previously closed at $7.23.

BB Seguridade Participações Stock Performance

The firm’s 50-day moving average price is $6.78 and its two-hundred day moving average price is $6.30. The stock has a market cap of $14.16 billion, a price-to-earnings ratio of 8.53, a PEG ratio of 1.51 and a beta of 0.90.

BB Seguridade Participações (OTCMKTS:BBSEYGet Free Report) last posted its earnings results on Monday, February 17th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. The company had revenue of $448.84 million for the quarter. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. As a group, sell-side analysts expect that BB Seguridade Participações S.A. will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participações Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 13th. Investors of record on Friday, February 28th were given a $0.3978 dividend. This is a positive change from BB Seguridade Participações’s previous dividend of $0.21. The ex-dividend date of this dividend was Friday, February 28th. BB Seguridade Participações’s dividend payout ratio is presently 86.75%.

About BB Seguridade Participações

(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.

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