BANCO DO BRASIL/S (OTCMKTS:BDORY) Share Price Crosses Below 200-Day Moving Average of $5.41

BANCO DO BRASIL/S (OTCMKTS:BDORY)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.41 and traded as low as $4.96. BANCO DO BRASIL/S shares last traded at $5.15, with a volume of 272,094 shares changing hands.

BANCO DO BRASIL/S Stock Up 2.2 %

The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.04 and a current ratio of 1.00. The company has a market capitalization of $29.51 billion, a price-to-earnings ratio of 4.54, a PEG ratio of 1.08 and a beta of 1.05. The business’s 50 day moving average is $4.98 and its 200 day moving average is $5.41.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last announced its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). BANCO DO BRASIL/S had a net margin of 11.37% and a return on equity of 18.48%. The company had revenue of $13.99 billion for the quarter. Sell-side analysts anticipate that BANCO DO BRASIL/S will post 0.93 earnings per share for the current year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, October 7th. Investors of record on Friday, September 13th will be issued a dividend of $0.0254 per share. The ex-dividend date of this dividend is Friday, September 13th. BANCO DO BRASIL/S’s dividend payout ratio (DPR) is 16.74%.

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.