BANCO DO BRASIL/S (OTCMKTS:BDORY) Sets New 1-Year Low – Here’s What Happened

Shares of BANCO DO BRASIL/S (OTCMKTS:BDORY) hit a new 52-week low on Monday . The company traded as low as $3.95 and last traded at $4.00, with a volume of 602113 shares. The stock had previously closed at $4.04.

Analysts Set New Price Targets

BDORY has been the subject of several recent analyst reports. The Goldman Sachs Group cut BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 5th. Citigroup cut BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 5th.

BANCO DO BRASIL/S Stock Performance

The stock has a 50 day moving average price of $4.49 and a two-hundred day moving average price of $4.81. The company has a market cap of $22.98 billion, a price-to-earnings ratio of 3.57, a P/E/G ratio of 1.63 and a beta of 1.03. The company has a current ratio of 1.00, a quick ratio of 1.04 and a debt-to-equity ratio of 1.57.

BANCO DO BRASIL/S Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, January 6th. Investors of record on Friday, December 13th will be paid a $0.0227 dividend. The ex-dividend date of this dividend is Friday, December 13th. BANCO DO BRASIL/S’s dividend payout ratio (DPR) is 22.12%.

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.