Erste Group Bank (OTCMKTS:EBKDY) Hits New 1-Year High – Should You Buy?

Erste Group Bank AG (OTCMKTS:EBKDY)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $28.15 and last traded at $28.14, with a volume of 18085 shares changing hands. The stock had previously closed at $26.35.

Erste Group Bank Trading Down 0.1 %

The company has a 50-day simple moving average of $26.85 and a 200 day simple moving average of $25.44. The company has a market cap of $23.66 billion, a P/E ratio of 7.23, a P/E/G ratio of 0.98 and a beta of 1.32.

Erste Group Bank (OTCMKTS:EBKDY) last posted its quarterly earnings results on Friday, August 2nd. The financial services provider reported $1.01 earnings per share for the quarter. Erste Group Bank had a net margin of 14.79% and a return on equity of 10.95%. The firm had revenue of $2.86 billion during the quarter. On average, equities analysts forecast that Erste Group Bank AG will post 4.11 EPS for the current fiscal year.

Erste Group Bank Company Profile

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.