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

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

Wall Street Analyst Weigh In

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

Erste Group Bank Stock Performance

The company has a 50-day moving average of $27.59 and a 200-day moving average of $26.22. The firm has a market capitalization of $25.98 billion, a price-to-earnings ratio of 7.45, a price-to-earnings-growth ratio of 0.89 and a beta of 1.29.

Erste Group Bank (OTCMKTS:EBKDY) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share for the quarter. Erste Group Bank had a net margin of 15.21% and a return on equity of 11.11%. The company had revenue of $3.02 billion during the quarter. As a group, analysts anticipate that Erste Group Bank AG will post 4.27 EPS 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.