BB Seguridade Participações (OTCMKTS:BBSEY) Sets New 52-Week High – Here’s Why

BB Seguridade Participações S.A. (OTCMKTS:BBSEY)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $7.30 and last traded at $7.25, with a volume of 120090 shares changing hands. The stock had previously closed at $7.23.

BB Seguridade Participações Stock Performance

The company has a market capitalization of $14.50 billion, a price-to-earnings ratio of 8.74, a PEG ratio of 1.51 and a beta of 0.90. The business’s 50 day moving average is $6.73 and its 200 day moving average is $6.29.

BB Seguridade Participações (OTCMKTS:BBSEY) last posted its quarterly earnings data on Monday, February 17th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. BB Seguridade Participações had a net margin of 85.43% and a return on equity of 73.91%. The business had revenue of $448.84 million during the quarter. Sell-side analysts predict that BB Seguridade Participações S.A. will post 0.71 EPS for the current year.

BB Seguridade Participações Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 13th. Stockholders of record on Friday, February 28th were issued a $0.3978 dividend. The ex-dividend date was Friday, February 28th. This is a positive change from BB Seguridade Participações’s previous dividend of $0.21. BB Seguridade Participações’s dividend payout ratio is currently 86.75%.

BB Seguridade Participações Company Profile

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.