Erste Group Bank (OTCMKTS:EBKDY) Sets New 52-Week High – What’s Next?

Erste Group Bank AG (OTCMKTS:EBKDY)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $29.53 and last traded at $29.34, with a volume of 115955 shares changing hands. The stock had previously closed at $28.95.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upgraded Erste Group Bank from a “moderate sell” rating to a “hold” rating in a research note on Friday, November 22nd.

Erste Group Bank Price Performance

The stock has a 50-day moving average of $27.47 and a 200 day moving average of $26.17. The stock has a market capitalization of $24.70 billion, a price-to-earnings ratio of 7.17, a price-to-earnings-growth ratio of 0.89 and a beta of 1.29.

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

About Erste Group Bank

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.