BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Short Interest Down 27.1% in December

BB Seguridade Participações S.A. (OTCMKTS:BBSEY) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totalling 6,200 shares, a decrease of 27.1% from the December 15th total of 8,500 shares. Based on an average daily trading volume, of 194,000 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

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

BB Seguridade Participações Trading Up 4.7 %

BBSEY stock traded up $0.29 during trading hours on Friday, hitting $6.40. 80,197 shares of the stock traded hands, compared to its average volume of 73,545. The stock has a 50-day simple moving average of $5.89 and a 200 day simple moving average of $6.13. The company has a market cap of $12.80 billion, a P/E ratio of 7.62, a P/E/G ratio of 1.40 and a beta of 0.93. BB Seguridade Participações has a one year low of $5.38 and a one year high of $7.67.

BB Seguridade Participações (OTCMKTS:BBSEY) last released its earnings results on Tuesday, November 5th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.18 by $0.03. The business had revenue of $474.21 million during the quarter. BB Seguridade Participações had a net margin of 84.97% and a return on equity of 76.95%. Analysts forecast that BB Seguridade Participações will post 0.66 earnings per share for the current year.

BB Seguridade Participações 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.