BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.61 and traded as low as $3.91. BANCO DO BRASIL/S shares last traded at $3.92, with a volume of 1,850,096 shares trading hands.
Wall Street Analyst Weigh In
Separately, Bradesco Corretora downgraded BANCO DO BRASIL/S to a "neutral" rating in a report on Friday, May 16th.
Get Our Latest Analysis on BANCO DO BRASIL/S
BANCO DO BRASIL/S Stock Up 1.3%
The firm's fifty day simple moving average is $4.69 and its 200-day simple moving average is $4.60. The firm has a market capitalization of $22.87 billion, a PE ratio of 3.47, a PEG ratio of 1.65 and a beta of 0.62.
BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The financial services provider reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.29 by ($0.07). The firm had revenue of $6.83 billion during the quarter, compared to analysts' expectations of $4.74 billion. BANCO DO BRASIL/S had a return on equity of 19.30% and a net margin of 12.30%. As a group, analysts predict that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.
BANCO DO BRASIL/S Cuts Dividend
The firm also recently declared a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Thursday, June 5th will be issued a dividend of $0.0104 per share. This represents a dividend yield of 7.45%. The ex-dividend date is Wednesday, June 4th. BANCO DO BRASIL/S's payout ratio is currently 3.85%.
BANCO DO BRASIL/S 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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