BB Seguridade Participações (OTCMKTS:BBSEY) Sets New 52-Week Low – Should You Sell?

BB Seguridade Participações S.A. (OTCMKTS:BBSEY)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $5.60 and last traded at $5.92, with a volume of 27185 shares traded. The stock had previously closed at $5.88.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised BB Seguridade Participações from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th.

BB Seguridade Participações Stock Performance

The stock has a fifty day moving average of $6.10 and a 200-day moving average of $6.22. The company has a market cap of $11.40 billion, a PE ratio of 6.79, a PEG ratio of 1.78 and a beta of 1.00.

BB Seguridade Participações (OTCMKTS:BBSEY) last issued its earnings results on Tuesday, November 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The firm had revenue of $474.21 million during the quarter. BB Seguridade Participações had a net margin of 84.97% and a return on equity of 77.88%. As a group, equities analysts anticipate that BB Seguridade Participações S.A. will post 0.69 EPS for the current fiscal 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.