KB Financial Group Inc. stock trades under the ticker KB & has shown bullishness that traders & investors should take a closer look into.
KB stock closed at $48.36/share on 1/11/22, after a 2.4% gap up, on above average trading volume.
KB Financial Group, Inc. KB Stock’s Technicals Broken Down
KB Stock Price: $48.36
10 Day Moving Average: $47.08
50 Day Moving Average: $47.51
200 Day Moving Average: $47.54
RSI: 56.3
MACD: 0.34
Yesterday, KB stock completed a bullish MACD crossover, while also gapping up 2.4% & breaking out above all of their major moving averages.
Their trading volume has been stronger than average for the past year so far going into 2022.
Their next test of resistance will be at the $49.03-level, followed by the $50.45-level.
KB Financial Group, Inc. KB Stock As A Long-Term Investment
Investors may find KB Financial Group, Inc. stock’s valuation metrics appealing, with a P/E (ttm) of 5.34 & a P.B (mrq) of 0.48.
KB stock had 14.4% Quarterly Revenue Growth Y-o-Y.
Their Balance Sheet will require a deeper dive to sort through thought, with Total Cash (mrq) of $77.41T & Total Debt (mrq) of $133.3T.
KB pays a 4.6% dividend yield, which should be safe, although their payout ratio is a bit rich at 57%, which could indicate a need to cut the yield in the future possibly.
KB stock only has 5.9% of its share float held by institutional investors.
KB Financial Group, Inc. KB Stock As A Short-Term Trade Using Options
KB Financial Group, Inc. has options that traders can use to take advantage of price movement in either direction.
I am looking at the contracts with the 1/21 expiration date.
The $50 calls look appealing, although very illiquid with 22 contracts of open interest.
The $50 puts also look appealing, but illiquid as well.
There is more liquidity in the $45 puts, indicating that the sentiment for KB stock has changed recently regarding its near-term sentiment from more bearish to being more bullish.
Tying It All Together
KB Financial Group, Inc. has many interesting attributes that traders & investors may be interested in.
Investors will like their international banking exposure & valuation metrics, although be slightly weary about their balance sheet.
Traders will like their current momentum, but be troubled by the lack of open interest in their options contracts.
However, their put volume shows either people were hedging at the $45/share mark, or the sentiment has changed for them in the near-term to a more bullish tune.
Overall, it is worth taking a closer look at KB stock.
*** I DO NOT OWN SHARES OF KB STOCK ***