BB Seguridade Participacoes (OTCMKTS:BBSEY) Shares Up 4.2% – Should You Buy?

BB Seguridade Participacoes SA (OTCMKTS:BBSEY)’s stock price traded up 4.2% during mid-day trading on Tuesday . The company traded as high as $6.70 and last traded at $6.69. 162,114 shares changed hands during mid-day trading, an increase of 265% from the average session volume of 44,397 shares. The stock had previously closed at $6.42.

BB Seguridade Participacoes Stock Up 4.2%

The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 8.26, a P/E/G ratio of 2.42 and a beta of 0.36. The company has a fifty day moving average of $6.49 and a two-hundred day moving average of $6.28.

BB Seguridade Participacoes (OTCMKTS:BBSEY) last released its earnings results on Tuesday, November 4th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. The company had revenue of $499.59 million during the quarter, compared to analysts’ expectations of $435.25 million. BB Seguridade Participacoes had a net margin of 87.16% and a return on equity of 79.01%. Equities analysts anticipate that BB Seguridade Participacoes SA will post 0.71 earnings per share for the current fiscal year.

BB Seguridade Participacoes Company Profile

BB Seguridade Participações SA is a leading Brazilian insurance and pension holding company, primarily focused on the design, underwriting and distribution of risk protection and retirement solutions. As a publicly traded subsidiary of Banco do Brasil, BB Seguridade operates through a network of specialized businesses that serve both individual and institutional clients across Brazil.

The company’s main offerings are delivered via its core subsidiaries: Brasilprev (private pension and savings plans), BB Mapfre (property & casualty insurance), Brasilveículos (auto warranty and mechanical protection), Brasilcap (surety bonds) and BB Seguros (life, rural and personal accident insurance).