Shares of Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.79 and traded as high as $4.19. Banco Do Brasil shares last traded at $4.18, with a volume of 650,913 shares trading hands.
Analysts Set New Price Targets
Separately, Citigroup raised Banco Do Brasil from a "hold" rating to a "buy" rating in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Banco Do Brasil has a consensus rating of "Hold".
Check Out Our Latest Report on Banco Do Brasil
Banco Do Brasil Stock Down 0.5%
The company has a debt-to-equity ratio of 1.95, a current ratio of 0.99 and a quick ratio of 0.99. The company has a 50-day moving average of $3.80 and a two-hundred day moving average of $4.33. The company has a market capitalization of $24.07 billion, a PE ratio of 8.57, a P/E/G ratio of 2.17 and a beta of 0.64.
Banco Do Brasil Company Profile
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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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