BPER Banca (OTCMKTS:BPXXY) Trading Down 0.4% – Here’s Why

BPER Banca SpA (OTCMKTS:BPXXY)’s share price dropped 0.4% during mid-day trading on Tuesday . The stock traded as low as $27.3788 and last traded at $27.3788. Approximately 116 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 657 shares. The stock had previously closed at $27.50.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley reissued an “overweight” rating on shares of BPER Banca in a research note on Friday, February 6th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

BPER Banca Price Performance

The business’s fifty day moving average is $28.27 and its two-hundred day moving average is $25.07.

BPER Banca Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 11th. Stockholders of record on Monday, December 1st were issued a dividend of $0.1253 per share. This represents a dividend yield of 409.0%. The ex-dividend date of this dividend was Friday, November 28th.

BPER Banca Company Profile

BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna, is an Italian banking group headquartered in Modena, Italy. Established in 1867, the company provides a broad range of financial services to retail, corporate and institutional clients. BPER Banca operates through an extensive branch network across Italy and maintains an over‐the‐counter listing in the United States under the ticker symbol BPXXY.

The bank’s core activities encompass traditional retail banking products—such as current and savings accounts, mortgages and personal loans—alongside corporate lending, trade finance, leasing and factoring services.