Short Interest in BB Seguridade Participações S.A. (OTCMKTS:BBSEY) Declines By 27.1%

BB Seguridade Participações S.A. (OTCMKTS:BBSEY - Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 6,200 shares, a decline of 27.1% from the December 15th total of 8,500 shares. Based on an average daily trading volume, of 194,000 shares, the short-interest ratio is presently 0.0 days.

BB Seguridade Participações Stock Performance

BBSEY traded up $0.02 during trading on Wednesday, reaching $6.29. 69,241 shares of the stock were exchanged, compared to its average volume of 94,647. The stock has a market cap of $12.58 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 1.49 and a beta of 0.93. The stock's 50 day moving average price is $5.88 and its two-hundred day moving average price is $6.13. BB Seguridade Participações has a twelve month low of $5.38 and a twelve month high of $7.67.

BB Seguridade Participações (OTCMKTS:BBSEY - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.03. The company had revenue of $474.21 million during the quarter. BB Seguridade Participações had a return on equity of 77.88% and a net margin of 84.97%. Equities research analysts predict that BB Seguridade Participações will post 0.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded BB Seguridade Participações from a "hold" rating to a "strong-buy" rating in a report on Monday, September 30th.

BB Seguridade Participações Company Profile

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.