Erste Group Bank (OTCMKTS:EBKDY) Shares Pass Above 50-Day Moving Average – Time to Sell?

Erste Group Bank AG (OTCMKTS:EBKDY)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $27.08 and traded as high as $28.11. Erste Group Bank shares last traded at $27.70, with a volume of 246,769 shares changing hands.

Erste Group Bank Stock Performance

The firm has a market capitalization of $23.32 billion, a price-to-earnings ratio of 6.86, a P/E/G ratio of 0.84 and a beta of 1.32. The company has a 50 day moving average price of $27.11 and a two-hundred day moving average price of $25.81.

Erste Group Bank (OTCMKTS:EBKDY) last announced its earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share for the quarter. The business 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%. On average, equities analysts expect 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.