BNP Paribas (OTCMKTS:BNPQY) Sets New 52-Week High – Time to Buy?

Shares of BNP Paribas SA (OTCMKTS:BNPQY) reached a new 52-week high during trading on Monday . The stock traded as high as $42.80 and last traded at $42.75, with a volume of 461471 shares. The stock had previously closed at $41.43.

Analyst Ratings Changes

Separately, Citigroup reissued a “buy” rating on shares of BNP Paribas in a research report on Tuesday, March 11th.

BNP Paribas Price Performance

The company has a quick ratio of 0.81, a current ratio of 0.74 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $96.62 billion, a P/E ratio of 8.10, a P/E/G ratio of 0.77 and a beta of 1.35. The company’s 50-day simple moving average is $35.62 and its 200 day simple moving average is $33.82.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.14. BNP Paribas had a net margin of 23.95% and a return on equity of 8.90%. As a group, sell-side analysts expect that BNP Paribas SA will post 5.02 earnings per share for the current fiscal year.

About BNP Paribas

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.