Erste Group Bank AG (OTCMKTS:EBKDY) Stock Short Interest Report for September

Erste Group Bank AG (OTCMKTS:EBKDY) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,370 shares, a decrease of 91.8% from the September 15th total of 16,670 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 666,353 shares, the short-interest ratio is presently 0.0 days.

Erste Group Bank Price Performance

Erste Group Bank stock opened at $61.36 on Friday. The stock has a market cap of $47.66 billion, a price-to-earnings ratio of 11.75, a price-to-earnings-growth ratio of 0.61 and a beta of 0.92. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.95 and a quick ratio of 0.95. Erste Group Bank has a 1 year low of $47.02 and a 1 year high of $73.10. The firm has a 50-day moving average of $69.32 and a two-hundred day moving average of $63.82.

Erste Group Bank (OTCMKTS:EBKDY) last issued its earnings results on Thursday, July 30th. The financial services provider reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.01. The business had revenue of $4.62 billion for the quarter, compared to the consensus estimate of $4.48 billion. Erste Group Bank had a net margin of 18.39% and a return on equity of 10.22%. On average, research analysts forecast that Erste Group Bank will post 5.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EBKDY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Erste Group Bank in a research note on Monday, July 20th. Zacks Research upgraded Erste Group Bank from a “strong sell” rating to a “hold” rating in a report on Friday, August 7th. Citigroup reissued a “buy” rating on shares of Erste Group Bank in a research note on Wednesday, July 29th. The Goldman Sachs Group upgraded Erste Group Bank to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Oddo Bhf raised Erste Group Bank from a “neutral” rating to an “outperform” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Erste Group Bank Company Profile

Erste Group Bank AG is an Austria-based banking group serving retail customers, small and medium-sized businesses, corporate clients, and institutional customers. Its services include current and savings accounts, consumer and housing loans, mortgages, payment services, investment products, insurance-related offerings, corporate finance, and capital-markets services.

The group has its roots in Erste österreichische Spar-Casse, founded in Vienna in 1819. Through its banking subsidiaries, Erste Group provides financial services across Austria and several Central and Eastern European markets, including the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia.