BNP Paribas (OTCMKTS:BNPQY) Stock Passes Below 50 Day Moving Average of $36.47

BNP Paribas SA (OTCMKTS:BNPQYGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $36.47 and traded as low as $35.86. BNP Paribas shares last traded at $35.99, with a volume of 61,707 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on BNPQY shares. Berenberg Bank raised BNP Paribas to a “strong-buy” rating in a research note on Thursday, May 23rd. The Goldman Sachs Group raised BNP Paribas from a “neutral” rating to a “buy” rating in a research note on Tuesday, March 26th.

Check Out Our Latest Research Report on BNPQY

BNP Paribas Trading Down 1.5 %

The company has a debt-to-equity ratio of 1.66, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market capitalization of $81.40 billion, a P/E ratio of 7.67, a P/E/G ratio of 0.31 and a beta of 1.45. The firm’s 50 day moving average price is $36.47 and its 200 day moving average price is $33.87.

BNP Paribas (OTCMKTS:BNPQYGet Free Report) last released its quarterly earnings data on Thursday, April 25th. The financial services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.14. BNP Paribas had a return on equity of 8.54% and a net margin of 22.90%. The business had revenue of $13.55 billion during the quarter. As a group, equities research analysts expect that BNP Paribas SA will post 4.61 earnings per share for the current fiscal year.

BNP Paribas Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, May 20th will be issued a $2.4911 dividend. The ex-dividend date is Friday, May 17th. This is a positive change from BNP Paribas’s previous dividend of $1.80.

BNP Paribas Company Profile

(Get Free Report)

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.

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