BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Price Passes Below 200 Day Moving Average – Here’s Why

BANCO DO BRASIL/S (OTCMKTS:BDORY)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.31 and traded as low as $4.67. BANCO DO BRASIL/S shares last traded at $4.78, with a volume of 58,501 shares changing hands.

BANCO DO BRASIL/S Stock Performance

The firm has a 50 day moving average of $5.03 and a two-hundred day moving average of $5.30. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.04 and a current ratio of 1.00. The stock has a market cap of $26.76 billion, a P/E ratio of 4.10, a P/E/G ratio of 0.99 and a beta of 1.05.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last announced its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). BANCO DO BRASIL/S had a return on equity of 18.48% and a net margin of 11.37%. The firm had revenue of $13.99 billion during the quarter. On average, research analysts predict that BANCO DO BRASIL/S will post 0.93 EPS for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 7th. Shareholders of record on Friday, September 13th were given a $0.0254 dividend. The ex-dividend date of this dividend was Friday, September 13th. BANCO DO BRASIL/S’s dividend payout ratio is currently 8.77%.

BANCO DO BRASIL/S Company Profile

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.