Erste Group Bank (OTCMKTS:EBKDY) Stock Crosses Above 50-Day Moving Average - Should You Sell?

Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $29.18 and traded as high as $31.35. Erste Group Bank shares last traded at $31.04, with a volume of 72,675 shares.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods raised shares of Erste Group Bank from a "moderate sell" rating to a "hold" rating in a research report on Friday, November 22nd. The Goldman Sachs Group upgraded Erste Group Bank from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 11th.

Erste Group Bank Trading Up 0.9 %

The business has a 50 day simple moving average of $29.18 and a 200-day simple moving average of $27.32. The stock has a market capitalization of $25.48 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 0.94 and a beta of 1.25.

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last released its earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share (EPS) for the quarter. Erste Group Bank had a net margin of 15.21% and a return on equity of 11.11%. The firm had revenue of $3.02 billion during the quarter. Research analysts predict that Erste Group Bank AG will post 4.27 EPS for the current year.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.