BB Seguridade Participações (OTCMKTS:BBSEY) Sets New 12-Month High – Still a Buy?

BB Seguridade Participações S.A. (OTCMKTS:BBSEYGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $7.30 and last traded at $7.25, with a volume of 120090 shares. The stock had previously closed at $7.23.

BB Seguridade Participações Stock Down 2.3 %

The stock has a market capitalization of $14.16 billion, a P/E ratio of 8.53, a P/E/G ratio of 1.51 and a beta of 0.90. The firm has a fifty day moving average price of $6.78 and a two-hundred day moving average price of $6.30.

BB Seguridade Participações (OTCMKTS:BBSEYGet Free Report) last released its earnings results on Monday, February 17th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. BB Seguridade Participações had a return on equity of 73.91% and a net margin of 85.43%. The business had revenue of $448.84 million for the quarter. Sell-side analysts anticipate that BB Seguridade Participações S.A. will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participações Increases Dividend

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

About BB Seguridade Participações

(Get Free Report)

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.

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