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

Erste Group Bank AG (OTCMKTS:EBKDY) passed above its 50-day moving average during trading on Friday . The stock has a 50-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 Down 0.8 %

The stock has a market cap of $23.32 billion, a PE ratio of 6.86, a price-to-earnings-growth ratio of 0.84 and a beta of 1.32. The stock has a 50-day moving average of $27.11 and a 200 day moving average of $25.81.

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