KBC Group SA (OTCMKTS:KBCSY) Short Interest Update

KBC Group SA (OTCMKTS:KBCSY) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,760 shares, a decline of 79.7% from the May 31st total of 8,674 shares. Based on an average trading volume of 37,430 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

KBC Group Trading Down 0.4%

Shares of OTCMKTS:KBCSY traded down $0.28 during mid-day trading on Friday, reaching $66.30. The stock had a trading volume of 13,718 shares, compared to its average volume of 45,267. The business’s 50 day moving average price is $66.39 and its 200 day moving average price is $66.16. KBC Group has a 1 year low of $50.64 and a 1 year high of $73.12. The company has a market cap of $55.38 billion, a P/E ratio of 13.15, a price-to-earnings-growth ratio of 0.90 and a beta of 0.59.

KBC Group (OTCMKTS:KBCSY) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.07). The firm had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.79 billion. KBC Group had a return on equity of 13.15% and a net margin of 14.98%. Analysts predict that KBC Group will post 5.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on KBCSY shares. Zacks Research lowered shares of KBC Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 1st. Citigroup restated a “neutral” rating on shares of KBC Group in a research report on Friday, May 15th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently 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.