BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Update

Posted by Lisa Durand on Dec 28th, 2024

BB Seguridade Participações S.A. (OTCMKTS:BBSEY – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 8,500 shares, a growth of 203.6% from the November 30th total of 2,800 shares. Based on an average trading volume of 149,800 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of BB Seguridade Participações from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th.

Read Our Latest Research Report on BBSEY

BB Seguridade Participações Price Performance

Shares of OTCMKTS:BBSEY traded down $0.05 during midday trading on Friday, reaching $5.85. 130,798 shares of the company’s stock were exchanged, compared to its average volume of 53,313. BB Seguridade Participações has a fifty-two week low of $5.38 and a fifty-two week high of $7.67. The stock has a market cap of $11.70 billion, a price-to-earnings ratio of 6.96, a P/E/G ratio of 1.49 and a beta of 0.98. The firm’s 50 day simple moving average is $5.87 and its two-hundred day simple moving average is $6.13.

BB Seguridade Participações (OTCMKTS:BBSEY – Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. BB Seguridade Participações had a return on equity of 77.88% and a net margin of 84.97%. The company had revenue of $474.21 million for the quarter. Equities research analysts predict that BB Seguridade Participações will post 0.67 earnings per share for the current fiscal year.

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.