BB Seguridade Participações (OTCMKTS:BBSEY) Issues Earnings Results

BB Seguridade Participações (OTCMKTS:BBSEY) announced its earnings results on Monday. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02, Zacks reports. BB Seguridade Participações had a net margin of 84.97% and a return on equity of 76.95%. The business had revenue of $448.84 million during the quarter.

BB Seguridade Participações Stock Performance

Shares of BBSEY traded up $0.03 during midday trading on Wednesday, hitting $6.99. 24,141 shares of the company traded hands, compared to its average volume of 77,138. The firm has a 50 day moving average of $6.33 and a 200-day moving average of $6.23. BB Seguridade Participações has a 52 week low of $5.38 and a 52 week high of $7.25. The stock has a market cap of $13.97 billion, a price-to-earnings ratio of 8.32, a PEG ratio of 1.57 and a beta of 0.93.

About BB Seguridade Participações

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.