BB Seguridade Participações (OTCMKTS:BBSEY) Shares Up 1.2% - Here's Why

Shares of BB Seguridade Participações S.A. (OTCMKTS:BBSEY - Get Free Report) traded up 1.2% on Monday . The company traded as high as $6.80 and last traded at $6.80. 164,936 shares were traded during mid-day trading, an increase of 106% from the average session volume of 80,027 shares. The stock had previously closed at $6.72.

Analysts Set New Price Targets

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

BB Seguridade Participações Stock Up 0.4%

The stock has a market cap of $13.60 billion, a P/E ratio of 8.19, a price-to-earnings-growth ratio of 1.51 and a beta of 0.72. The business has a 50 day moving average price of $7.07 and a two-hundred day moving average price of $6.58.

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.02). The company had revenue of $440.93 million for the quarter, compared to the consensus estimate of $2.49 billion. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. On average, research analysts forecast that BB Seguridade Participações S.A. will post 0.71 earnings per share 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.