KB Financial Group Inc. (KB): Why its showing bull behavior?

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KB Financial Group Inc. (NYSE:KB) changes shares on Friday trading session, with a change of 1.08% or $0.31 shares. The trading starts at $29.41 and closed at $28.73 throughout the day. The trading session low price was $28.70 and day high was $29.48 on Friday, June 19. After the session, the Financial sector daily volume shifted to 0.43 million while its average volume is 275.20K. In other hand, the KB market cap reached to $12.06B. While, its current target price is $29.04 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.80% and up 10.33% for month. Its quarterly performance was 28.84% above, while its half year performance is down -31.46%. KB yearly performance stood at negative -25.82% and fall -29.80% for year-to-date. Current recommendation for KB Financial Group Inc. is 1.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KB EPS (TTM) for 12-month is 6.69. EPS for this year is 9.30%, while for the next year its value is 5.42. Sales growth for the current quarter is 0.89 while its EPS Q/Q reached -13.20%. It has an EPS of 18.40% up for past five years and for the next five years will be up 4.90%.

Franklin Resources, Inc, Dimensional Fund Advisors LP and Lazard Asset Management LLC are the top three holders in KB Financial Group Inc. (KB) stock. On Mar 30, 2020, Franklin Resources, Inc has 6.53 million shares which valued 177.58 million. On Mar 30, 2020, Dimensional Fund Advisors LP owned 4.12 million shares which valued at 112.05 million. On Mar 30, 2020, Lazard Asset Management LLC has a total of 2.18 million shares which valued at 59.2 million. In the end, Lazard Asset Management LLC have 0.52% shares outstanding of KB Financial Group Inc. (KB) on Mar 30, 2020. The insider ownership moved to 12.60% and institutional holding shifted to 6.70%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KB fall -13.64% for period of 200 days. SMA for 50 days was 6.29% which is showing green signal, while SMA-20 was 1.00%. The moving average value for KB Financial Group Inc. (KB) is 32.18 and 27.78 for 200 and 50 days respectively.