KBC Group NV (OTCMKTS:KBCSY - Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 7,300 shares, a growth of 265.0% from the September 30th total of 2,000 shares. Based on an average daily trading volume, of 31,000 shares, the short-interest ratio is presently 0.2 days.
KBC Group Price Performance
OTCMKTS KBCSY traded up $0.14 during trading hours on Friday, reaching $36.31. 60,587 shares of the stock traded hands, compared to its average volume of 20,137. The stock has a 50 day simple moving average of $38.13 and a two-hundred day simple moving average of $37.20. KBC Group has a 1 year low of $26.87 and a 1 year high of $40.32. The company has a market cap of $30.30 billion, a price-to-earnings ratio of 9.46, a price-to-earnings-growth ratio of 1.52 and a beta of 1.16.
KBC Group (OTCMKTS:KBCSY - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported $1.21 earnings per share for the quarter. KBC Group had a return on equity of 12.44% and a net margin of 11.20%. The business had revenue of $3.02 billion for the quarter. On average, sell-side analysts forecast that KBC Group will post 4.37 EPS for the current fiscal year.
KBC Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th will be issued a $0.3313 dividend. The ex-dividend date is Wednesday, November 13th. This is an increase from KBC Group's previous dividend of $0.23. KBC Group's payout ratio is currently 44.53%.
About KBC Group
(
Get Free Report)
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.
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