BB Seguridade Participacoes (OTCMKTS:BBSEY) Sees Strong Trading Volume - Should You Buy?

Key Points

• BB Seguridade Participacoes experienced a significant 164% increase in trading volume, with approximately 188,529 shares traded recently.
• The company reported $0.22 earnings per share for the last quarter, surpassing estimates, while its return on equity was 79.42% with a net margin of 86.36%.
• BB Seguridade has declared a dividend of $0.3327 per share, indicating a current dividend yield of 1,065.0% but maintaining a high payout ratio of 83.75%.

Shares of BB Seguridade Participacoes SA (OTCMKTS:BBSEY - Get Free Report) saw unusually-high trading volume on Monday . Approximately 188,529 shares were traded during mid-day trading, an increase of 164% from the previous session's volume of 71,364 shares.The stock last traded at $6.07 and had previously closed at $6.02.

BB Seguridade Participacoes Trading Up 2.8%

The company's 50-day simple moving average is $6.15 and its 200 day simple moving average is $6.62. The stock has a market cap of $12.65 billion, a P/E ratio of 7.91, a PEG ratio of 2.22 and a beta of 0.68.

BB Seguridade Participacoes (OTCMKTS:BBSEY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. BB Seguridade Participacoes had a net margin of 86.36% and a return on equity of 79.42%. The firm had revenue of $489.90 million for the quarter, compared to analysts' expectations of $2.65 billion. Research analysts anticipate that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participacoes Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 19th were given a dividend of $0.3327 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a dividend yield of 1,065.0%. BB Seguridade Participacoes's dividend payout ratio (DPR) is currently 83.75%.

About BB Seguridade Participacoes

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.