KBC Group SA (OTCMKTS:KBCSY) Short Interest Update

KBC Group SA (OTCMKTS:KBCSY) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 3,466 shares, a growth of 315.6% from the July 15th total of 834 shares. Based on an average trading volume of 23,361 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

KBC Group Stock Up 0.9%

KBCSY opened at $75.91 on Friday. The stock’s fifty day moving average is $69.29 and its two-hundred day moving average is $67.23. The company has a market capitalization of $63.41 billion, a P/E ratio of 14.43, a PEG ratio of 0.95 and a beta of 0.59. KBC Group has a 52 week low of $56.86 and a 52 week high of $76.22.

KBC Group (OTCMKTS:KBCSY) last issued its earnings results on Thursday, August 6th. The company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.05. KBC Group had a return on equity of 13.48% and a net margin of 15.58%.The business had revenue of $3.96 billion during the quarter, compared to analysts’ expectations of $3.83 billion. Equities analysts anticipate that KBC Group will post 5.85 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on KBCSY. Citigroup restated a “neutral” rating on shares of KBC Group in a report on Wednesday, July 22nd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of KBC Group in a report on Monday. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

KBC Group Company Profile

KBC Group is a Belgian bank-insurance group headquartered in Brussels that combines retail and commercial banking with life and non-life insurance, asset management, leasing and related financial services. The company operates an integrated bank-insurance model designed to serve both individual consumers and corporate clients, offering deposit accounts, lending and mortgage products, payment and treasury services, pension and protection insurance, investment solutions and wealth management.

The group’s banking activities include retail and private banking, corporate and commercial banking, and specialized finance such as leasing and factoring.