BNP Paribas (OTCMKTS:BNPQY) Sees Strong Trading Volume – Here’s Why

Shares of BNP Paribas SA (OTCMKTS:BNPQY) saw unusually-strong trading volume on Friday . Approximately 1,262,394 shares were traded during trading, an increase of 208% from the previous session’s volume of 409,574 shares.The stock last traded at $53.97 and had previously closed at $54.30.

Analyst Ratings Changes

A number of analysts recently commented on BNPQY shares. Barclays lowered BNP Paribas from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 22nd. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “moderate sell” rating to a “hold” rating in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BNP Paribas in a report on Wednesday, January 21st. DZ Bank cut shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Finally, Zacks Research upgraded shares of BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BNP Paribas has a consensus rating of “Hold”.

BNP Paribas Trading Down 1.2%

The firm’s 50 day moving average is $47.65 and its 200 day moving average is $45.30. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.80 and a quick ratio of 0.80. The company has a market cap of $119.88 billion, a PE ratio of 9.67, a PEG ratio of 0.78 and a beta of 0.74.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.