Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $3.99, but opened at $3.87. Banco Do Brasil shares last traded at $3.95, with a volume of 152,435 shares.
Analyst Upgrades and Downgrades
Separately, Bradesco Corretora lowered shares of Banco Do Brasil to a "neutral" rating in a research note on Friday, May 16th.
Read Our Latest Research Report on BDORY
Banco Do Brasil Price Performance
The stock has a market cap of $22.29 billion, a price-to-earnings ratio of 3.74, a price-to-earnings-growth ratio of 1.60 and a beta of 0.61. The stock's 50 day moving average price is $4.37 and its two-hundred day moving average price is $4.59. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 5.97.
Banco Do Brasil (OTCMKTS:BDORY - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.07). Banco Do Brasil had a return on equity of 18.72% and a net margin of 11.78%. The firm had revenue of $6.83 billion for the quarter, compared to analysts' expectations of $4.74 billion. Equities research analysts forecast that Banco Do Brasil SA will post 1.08 EPS for the current fiscal year.
Banco Do Brasil Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, June 23rd. Investors of record on Thursday, June 5th were issued a dividend of $0.0104 per share. This represents a yield of 7.45%. The ex-dividend date of this dividend was Wednesday, June 4th. Banco Do Brasil's dividend payout ratio (DPR) is presently 5.77%.
Banco Do Brasil Company Profile
(
Get Free Report)
Banco do Brasil SA provides banking products and services for individuals, companies, and public sectors in Brazil and internationally. The company's Banking segment offers various products and services, including deposits, loans, and services to retail, wholesale, and public sector markets, as well as to micro-entrepreneurs and the low income population.
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