BB Seguridade Participacoes (OTCMKTS:BBSEY) Sees Unusually-High Trading Volume – Here’s Why

Shares of BB Seguridade Participacoes SA (OTCMKTS:BBSEY) saw an uptick in trading volume on Thursday . 64,701 shares traded hands during trading, a decline of 10% from the previous session’s volume of 72,176 shares.The stock last traded at $6.34 and had previously closed at $6.35.

BB Seguridade Participacoes Price Performance

The firm has a 50 day moving average price of $6.14 and a 200-day moving average price of $6.39. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 2.29 and a beta of 0.61.

BB Seguridade Participacoes (OTCMKTS:BBSEY) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.02. The firm had revenue of $499.59 million during the quarter, compared to analysts’ expectations of $435.25 million. BB Seguridade Participacoes had a return on equity of 84.08% and a net margin of 87.16%. On average, sell-side analysts expect that BB Seguridade Participacoes SA will post 0.71 EPS for the current fiscal year.

BB Seguridade Participacoes Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, August 19th were issued a $0.3327 dividend. The ex-dividend date was Monday, August 18th. This represents a yield of 1,065.0%. BB Seguridade Participacoes’s dividend payout ratio (DPR) is 82.72%.

BB Seguridade Participacoes 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.