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BNP Paribas (OTCMKTS:BNPQY) Hits New 1-Year High - Should You Buy?

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BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report)'s share price 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 changing hands. The stock had previously closed at $41.43.

Wall Street Analysts Forecast Growth

Separately, Citigroup restated a "buy" rating on shares of BNP Paribas in a research note on Tuesday, March 11th.

View Our Latest Analysis on BNPQY

BNP Paribas Trading Down 2.7 %

The firm has a market capitalization of $97.13 billion, a P/E ratio of 8.14, a P/E/G ratio of 0.77 and a beta of 1.35. The company has a current ratio of 0.74, a quick ratio of 0.81 and a debt-to-equity ratio of 1.02. The stock has a 50 day simple moving average of $36.61 and a 200-day simple moving average of $34.08.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.10 earnings per share 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%. On average, equities research analysts forecast that BNP Paribas SA will post 5.02 EPS for the current fiscal year.

About BNP Paribas

(Get Free Report)

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.

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