KBC Group (OTCMKTS:KBCSY) Reaches New 52-Week High - Here's Why

KBC Group NV (OTCMKTS:KBCSY - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $41.18 and last traded at $41.06, with a volume of 14537 shares trading hands. The stock had previously closed at $39.93.

KBC Group Stock Up 0.4 %

The business's 50-day simple moving average is $38.54 and its 200 day simple moving average is $37.82. The firm has a market capitalization of $35.89 billion, a P/E ratio of 11.05, a PEG ratio of 1.61 and a beta of 1.12.

KBC Group (OTCMKTS:KBCSY - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.21. KBC Group had a net margin of 11.36% and a return on equity of 12.49%. The business had revenue of $3.13 billion for the quarter, compared to analysts' expectations of $2.96 billion. Sell-side analysts predict that KBC Group NV will post 4.43 earnings per share for the current year.

KBC Group Company Profile

KBC Group NV, together with its subsidiaries, provides integrated bank-insurance services primarily for retail, private banking, small and medium sized enterprises, and mid-cap clients. The company offers demand deposits and savings accounts; home and mortgage loans; consumer finance and SME funding services; credit, investment fund and asset management, and life and non-life insurance; and cash management, payments, trade finance, lease, money market, capital market products, and stockbroking services.