Erste Group Bank AG (OTCMKTS:EBKDY – Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 8,800 shares, a growth of 780.0% from the February 28th total of 1,000 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 72,400 shares, the days-to-cover ratio is presently 0.1 days.
Erste Group Bank Price Performance
EBKDY stock opened at $36.86 on Friday. The stock has a market capitalization of $30.26 billion, a price-to-earnings ratio of 9.12, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24. The company has a 50-day moving average of $34.29 and a two-hundred day moving average of $30.32. Erste Group Bank has a 52-week low of $21.67 and a 52-week high of $37.36.
Analyst Ratings Changes
EBKDY has been the topic of several analyst reports. UBS Group lowered shares of Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 4th. The Goldman Sachs Group raised Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 11th. Citigroup downgraded Erste Group Bank from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a report on Friday, March 7th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Erste Group Bank has a consensus rating of “Moderate Buy”.
Erste Group Bank Company Profile
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.
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