BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Gap Down - Time to Sell?

Shares of BB Seguridade Participacoes SA (OTCMKTS:BBSEY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $6.85, but opened at $6.67. BB Seguridade Participacoes shares last traded at $6.67, with a volume of 208 shares.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered BB Seguridade Participacoes from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 8th.

BB Seguridade Participacoes Trading Up 0.3%

The company has a 50 day simple moving average of $6.67 and a 200 day simple moving average of $6.75. The stock has a market cap of $12.76 billion, a P/E ratio of 8.08, a PEG ratio of 1.26 and a beta of 0.65.

BB Seguridade Participacoes (OTCMKTS:BBSEY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by ($0.02). BB Seguridade Participacoes had a net margin of 85.45% and a return on equity of 77.90%. The business had revenue of $440.93 million during the quarter, compared to analyst estimates of $2.49 billion. As a group, sell-side analysts expect that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current year.

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.