BNP Paribas (OTCMKTS:BNPQY) Shares Down 0.8% - Time to Sell?

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report)'s stock price was down 0.8% during trading on Thursday . The company traded as low as $44.96 and last traded at $45.07. Approximately 96,268 shares changed hands during trading, a decline of 52% from the average daily volume of 201,444 shares. The stock had previously closed at $45.42.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Barclays reissued an "overweight" rating on shares of BNP Paribas in a report on Tuesday, April 15th. Kepler Capital Markets cut shares of BNP Paribas from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 2nd. Finally, Citigroup reissued a "buy" rating on shares of BNP Paribas in a report on Tuesday, March 11th.

BNP Paribas Stock Down 0.8%

The business's 50 day moving average price is $43.80 and its 200-day moving average price is $39.22. The firm has a market capitalization of $101.86 billion, a PE ratio of 8.67, a P/E/G ratio of 0.76 and a beta of 1.11. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.67 and a current ratio of 0.67.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The financial services provider reported $1.28 earnings per share for the quarter, missing analysts' consensus estimates of $1.45 by ($0.17). The business had revenue of $13.63 billion during the quarter, compared to analyst estimates of $13.41 billion. BNP Paribas had a net margin of 23.02% and a return on equity of 8.55%. As a group, equities research analysts forecast that BNP Paribas SA will post 5.02 earnings per share for the current year.

BNP Paribas Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, May 19th were issued a dividend of $1.951 per share. This represents a yield of 4.38%. The ex-dividend date of this dividend was Friday, May 16th. BNP Paribas's dividend payout ratio (DPR) is presently 38.65%.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.