Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 8,800 shares, a growth of 780.0% from the February 28th total of 1,000 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 72,400 shares, the short-interest ratio is currently 0.1 days.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on EBKDY shares. Citigroup downgraded Erste Group Bank from a "strong-buy" rating to a "hold" rating in a report on Monday, March 10th. The Goldman Sachs Group upgraded shares of Erste Group Bank from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 11th. UBS Group lowered shares of Erste Group Bank from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Erste Group Bank in a report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Erste Group Bank currently has an average rating of "Moderate Buy".
Check Out Our Latest Stock Analysis on Erste Group Bank
Erste Group Bank Price Performance
EBKDY stock traded down $0.76 during mid-day trading on Monday, reaching $34.77. 26,367 shares of the company's stock were exchanged, compared to its average volume of 72,039. Erste Group Bank has a 12-month low of $21.67 and a 12-month high of $37.36. The stock's 50 day moving average is $34.45 and its 200 day moving average is $30.50. The company has a market cap of $28.55 billion, a price-to-earnings ratio of 8.61, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24.
About Erste Group Bank
(
Get Free Report)
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.
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