BANCO DO BRASIL/S (OTCMKTS:BDORY) Shares Pass Above 50-Day Moving Average of $5.98

BANCO DO BRASIL/S (OTCMKTS:BDORY)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.98 and traded as high as $11.59. BANCO DO BRASIL/S shares last traded at $10.57, with a volume of 105,307 shares.

BANCO DO BRASIL/S Price Performance

The stock has a market cap of $30.17 billion, a PE ratio of 4.79, a PEG ratio of 1.26 and a beta of 1.02. The company has a 50 day moving average price of $6.17 and a two-hundred day moving average price of $5.65.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last posted its earnings results on Wednesday, February 7th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.08). BANCO DO BRASIL/S had a net margin of 11.84% and a return on equity of 18.85%. The company had revenue of $13.48 billion for the quarter. As a group, equities analysts predict that BANCO DO BRASIL/S will post 2.57 earnings per share for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, April 8th. Shareholders of record on Wednesday, March 13th were paid a dividend of $0.0309 per share. The ex-dividend date was Tuesday, March 12th. BANCO DO BRASIL/S’s dividend payout ratio is presently 12.73%.

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.