Erste Group Bank AG (OTCMKTS:EBKDY – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 15,025 shares, a decline of 51.0% from the July 30th total of 30,669 shares. Based on an average daily volume of 77,679 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.
Erste Group Bank Price Performance
Shares of Erste Group Bank stock traded up $0.52 during midday trading on Friday, hitting $71.20. The company had a trading volume of 24,321 shares, compared to its average volume of 46,143. The business’s 50 day simple moving average is $67.67 and its two-hundred day simple moving average is $61.67. The stock has a market cap of $55.30 billion, a PE ratio of 13.64, a P/E/G ratio of 0.70 and a beta of 0.85. Erste Group Bank has a 1-year low of $47.02 and a 1-year high of $73.10.
Erste Group Bank (OTCMKTS:EBKDY – Get Free Report) last released its earnings results on Thursday, July 30th. The financial services provider reported $1.44 EPS for the quarter, beating the consensus estimate of $1.43 by $0.01. Erste Group Bank had a net margin of 18.39% and a return on equity of 11.32%. The firm had revenue of $4.62 billion during the quarter, compared to analysts’ expectations of $4.48 billion. On average, sell-side analysts expect that Erste Group Bank will post 5.91 EPS for the current fiscal year.
Wall Street Analyst Weigh In
View Our Latest Research Report on EBKDY
About Erste Group Bank
Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.
Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.
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