Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Update

Erste Group Bank AG (OTCMKTS:EBKDY) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 11,866 shares, a decrease of 16.5% from the January 29th total of 14,216 shares. Based on an average daily volume of 357,956 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 357,956 shares, the short-interest ratio is presently 0.0 days.

Erste Group Bank Trading Down 3.0%

Erste Group Bank stock opened at $56.01 on Wednesday. Erste Group Bank has a 52 week low of $29.50 and a 52 week high of $66.88. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a market capitalization of $43.50 billion, a PE ratio of 11.97, a PEG ratio of 0.55 and a beta of 0.86. The business’s 50-day simple moving average is $61.85 and its 200-day simple moving average is $55.02.

Analyst Ratings Changes

Several brokerages recently commented on EBKDY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Erste Group Bank in a research note on Wednesday, November 5th. Oddo Bhf lowered shares of Erste Group Bank to a “neutral” rating in a research note on Thursday, November 6th. Morgan Stanley restated an “overweight” rating on shares of Erste Group Bank in a report on Monday, November 24th. Zacks Research upgraded shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Finally, Barclays raised shares of Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Erste Group Bank Company Profile

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.