BNP Paribas (OTCMKTS:BNPQY) Sets New 52-Week High – Time to Buy?

BNP Paribas SA (OTCMKTS:BNPQY) reached a new 52-week high during trading on Monday . The company traded as high as $42.80 and last traded at $42.75, with a volume of 461471 shares trading hands. The stock had previously closed at $41.43.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “buy” rating on shares of BNP Paribas in a research note on Tuesday, March 11th.

BNP Paribas Price Performance

The business’s 50 day simple moving average is $35.62 and its 200-day simple moving average is $33.82. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.81 and a current ratio of 0.74. The stock has a market capitalization of $96.62 billion, a price-to-earnings ratio of 8.10, a price-to-earnings-growth ratio of 0.77 and a beta of 1.35.

BNP Paribas (OTCMKTS:BNPQY) last announced its quarterly earnings data on Thursday, February 6th. The financial services provider reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.14. BNP Paribas had a net margin of 23.95% and a return on equity of 8.90%. Research analysts anticipate that BNP Paribas SA will post 5.02 earnings per share for the current year.

BNP Paribas Company Profile

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.