BNP Paribas (OTCMKTS:BNPQY) Hits New 12-Month High at $37.60

BNP Paribas SA (OTCMKTS:BNPQY) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $37.60 and last traded at $37.48, with a volume of 85424 shares. The stock had previously closed at $36.93.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of BNP Paribas from a “neutral” rating to a “buy” rating in a research note on Tuesday, March 26th.

BNP Paribas Price Performance

The company’s 50-day moving average is $34.33 and its two-hundred day moving average is $32.66. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.66.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.14. The company had revenue of $13.55 billion during the quarter. BNP Paribas had a net margin of 22.90% and a return on equity of 8.54%. Analysts predict that BNP Paribas SA will post 4.73 earnings per share for the current year.

BNP Paribas Increases Dividend

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

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.