Shares of Banco Bradesco S.A. (NYSE:BBDO - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.17 and traded as low as $1.83. Banco Bradesco shares last traded at $1.83, with a volume of 37,841 shares trading hands.
Banco Bradesco Price Performance
The company has a debt-to-equity ratio of 0.36, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a fifty day moving average of $1.91 and a two-hundred day moving average of $2.17. The stock has a market capitalization of $19.48 billion, a P/E ratio of 7.04 and a beta of 1.09.
Banco Bradesco Cuts Dividend
The business also recently announced a monthly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 5th will be paid a $0.0028 dividend. The ex-dividend date is Wednesday, February 5th. This represents a $0.03 annualized dividend and a yield of 1.85%. Banco Bradesco's dividend payout ratio (DPR) is presently 11.54%.
About Banco Bradesco
(
Get Free Report)
Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services.
Further Reading
Before you consider Banco Bradesco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banco Bradesco wasn't on the list.
While Banco Bradesco currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
