BANCO DO BRASIL/S (OTCMKTS:BDORY) Reaches New 1-Year Low – Here’s Why

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

Analysts Set New Price Targets

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

BANCO DO BRASIL/S Trading Down 0.7 %

The business has a 50 day moving average price of $4.49 and a 200-day moving average price of $4.81. The company has a current ratio of 1.00, a quick ratio of 1.04 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $22.98 billion, a PE ratio of 3.57, a P/E/G ratio of 1.63 and a beta of 1.03.

BANCO DO BRASIL/S Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, January 6th. Shareholders of record on Friday, December 13th will be given a $0.0227 dividend. The ex-dividend date is Friday, December 13th. BANCO DO BRASIL/S’s payout ratio is 22.12%.

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.