BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Price Crosses Above 50-Day Moving Average of $5.98

Shares of BANCO DO BRASIL/S (OTCMKTS:BDORY) passed above its fifty day moving average during trading on Monday . The stock has a fifty 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 trading hands.

BANCO DO BRASIL/S Stock Performance

The company has a market cap of $30.17 billion, a P/E ratio of 4.79, a P/E/G ratio of 1.26 and a beta of 1.02. The business’s 50-day moving average price is $6.17 and its 200 day moving average price is $5.65.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last issued 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). The firm had revenue of $13.48 billion during the quarter. BANCO DO BRASIL/S had a net margin of 11.84% and a return on equity of 18.85%. Equities research analysts forecast that BANCO DO BRASIL/S will post 2.57 earnings per share for the current year.

BANCO DO BRASIL/S Cuts Dividend

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