BANCO DO BRASIL/S (OTCMKTS:BDORY)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $13.92. BANCO DO BRASIL/S shares last traded at $13.87, with a volume of 990,451 shares changing hands.
Several research firms have weighed in on BDORY. Goldman Sachs Group began coverage on BANCO DO BRASIL/S in a report on Monday, June 10th. They issued a “buy” rating on the stock. Citigroup raised BANCO DO BRASIL/S from a “neutral” rating to a “buy” rating in a report on Tuesday, April 2nd.
The company has a debt-to-equity ratio of 2.03, a quick ratio of 1.15 and a current ratio of 1.15. The stock has a market capitalization of $39.51 billion, a P/E ratio of 10.22 and a beta of 0.99. The stock’s fifty day simple moving average is $12.84.
BANCO DO BRASIL/S (OTCMKTS:BDORY) last posted its earnings results on Wednesday, May 8th. The financial services provider reported $0.40 earnings per share for the quarter. The company had revenue of $8.43 billion for the quarter. BANCO DO BRASIL/S had a return on equity of 13.80% and a net margin of 10.20%.
The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Thursday, May 23rd were issued a $0.079 dividend. This is a positive change from BANCO DO BRASIL/S’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $0.32 annualized dividend and a yield of 2.27%.
BANCO DO BRASIL/S Company Profile (OTCMKTS:BDORY)
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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