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BANCO DO BRASIL/S (OTCMKTS:BDORY) Shares Pass Above 50-Day Moving Average - Here's What Happened

BANCO DO BRASIL/S logo with Finance background

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.15 and traded as high as $4.68. BANCO DO BRASIL/S shares last traded at $4.60, with a volume of 602,632 shares changing hands.

Analysts Set New Price Targets

Several research firms have commented on BDORY. The Goldman Sachs Group lowered BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 5th. Citigroup downgraded shares of BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 5th.

Get Our Latest Research Report on BANCO DO BRASIL/S

BANCO DO BRASIL/S Trading Up 0.4 %

The business has a fifty day simple moving average of $4.15 and a two-hundred day simple moving average of $4.63. The company has a market cap of $26.48 billion, a PE ratio of 4.09, a price-to-earnings-growth ratio of 1.46 and a beta of 1.02.

BANCO DO BRASIL/S Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, January 6th. Investors of record on Friday, December 13th were issued a $0.0227 dividend. The ex-dividend date was Friday, December 13th. BANCO DO BRASIL/S's dividend payout ratio is presently 7.96%.

About BANCO DO BRASIL/S

(Get Free Report)

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.

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