BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Price Passes Above Fifty Day Moving Average of $5.98

BANCO DO BRASIL/S (OTCMKTS:BDORY)’s share price 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 traded.

BANCO DO BRASIL/S Price Performance

The firm’s 50-day moving average price is $5.98 and its 200-day moving average price is $5.58. The company has a market cap of $30.29 billion, a price-to-earnings ratio of 4.80, a price-to-earnings-growth ratio of 1.26 and a beta of 1.02.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last released its quarterly earnings results on Wednesday, February 7th. The financial services provider reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.08). The firm had revenue of $13.48 billion for the quarter. BANCO DO BRASIL/S had a net margin of 11.84% and a return on equity of 18.85%. On average, sell-side analysts anticipate that BANCO DO BRASIL/S will post 2.57 earnings per share for the current year.

BANCO DO BRASIL/S Cuts Dividend

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

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.