BANCO DO BRASIL/S (OTCMKTS:BDORY) Share Price Crosses Above Fifty Day Moving Average - What's Next?

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.94 and traded as high as $5.35. BANCO DO BRASIL/S shares last traded at $5.32, with a volume of 251,494 shares trading hands.

BANCO DO BRASIL/S Price Performance

The company's 50 day moving average is $4.94 and its 200 day moving average is $4.62. The stock has a market cap of $29.54 billion, a price-to-earnings ratio of 4.48, a PEG ratio of 1.65 and a beta of 0.72.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The financial services provider reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.01. The business had revenue of $14.73 billion during the quarter. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. Sell-side analysts predict that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.

BANCO DO BRASIL/S Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were paid a dividend of $0.0408 per share. This is an increase from BANCO DO BRASIL/S's previous dividend of $0.02. The ex-dividend date was Thursday, March 13th. BANCO DO BRASIL/S's payout ratio is currently 6.09%.

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.