BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Passes Below 200 Day Moving Average - What's Next?

Shares of BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.64 and traded as low as $4.37. BANCO DO BRASIL/S shares last traded at $4.42, with a volume of 573,343 shares changing hands.

Wall Street Analyst Weigh In

Separately, Bradesco Corretora cut shares of BANCO DO BRASIL/S to a "neutral" rating in a report on Friday, May 16th.

BANCO DO BRASIL/S Stock Performance

The firm has a market cap of $24.44 billion, a P/E ratio of 3.71, a P/E/G ratio of 1.65 and a beta of 0.72. The company's 50 day moving average is $4.90 and its 200 day moving average is $4.63.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The financial services provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.07). The company had revenue of $6.83 billion during the quarter, compared to the consensus estimate of $4.74 billion. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. On average, equities research analysts anticipate that BANCO DO BRASIL/S will post 1.08 EPS for the current year.

About BANCO DO BRASIL/S

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.