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

BANCO DO BRASIL/S (OTCMKTS:BDORY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.20 and traded as low as $4.47. BANCO DO BRASIL/S shares last traded at $4.48, with a volume of 200,144 shares.

BANCO DO BRASIL/S Trading Down 3.0 %

The firm has a market capitalization of $25.67 billion, a PE ratio of 3.93, a P/E/G ratio of 0.97 and a beta of 1.05. The company has a quick ratio of 1.04, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The business’s fifty day moving average price is $4.91 and its 200 day moving average price is $5.20.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last released its earnings results on Wednesday, August 7th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $13.99 billion during the quarter. As a group, analysts expect that BANCO DO BRASIL/S will post 0.93 EPS for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

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

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.