Erste Group Bank (OTCMKTS:EBKDY) Stock Price Passes Above 50-Day Moving Average of $21.59

Erste Group Bank AG (OTCMKTS:EBKDY)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $21.59 and traded as high as $22.84. Erste Group Bank shares last traded at $22.62, with a volume of 28,287 shares traded.

Erste Group Bank Price Performance

The firm’s fifty day moving average price is $21.59 and its two-hundred day moving average price is $20.24. The stock has a market cap of $19.04 billion, a P/E ratio of 6.13, a PEG ratio of 0.98 and a beta of 1.36.

Erste Group Bank (OTCMKTS:EBKDY) last posted its earnings results on Thursday, February 29th. The financial services provider reported $0.83 earnings per share for the quarter. The company had revenue of $2.75 billion during the quarter. Erste Group Bank had a net margin of 14.03% and a return on equity of 11.10%. On average, research analysts expect that Erste Group Bank AG will post 3.77 earnings per share for the current fiscal 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.