BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Passes Below 200-Day Moving Average - Should You Sell?

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.65 and traded as low as $4.18. BANCO DO BRASIL/S shares last traded at $4.30, with a volume of 381,430 shares.

Analysts Set New Price Targets

Several research firms have issued reports on BDORY. Citigroup cut BANCO DO BRASIL/S from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 5th. 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.

BANCO DO BRASIL/S Stock Up 0.2 %

The business's 50 day simple moving average is $4.17 and its 200 day simple moving average is $4.65. The company has a market capitalization of $24.70 billion, a PE ratio of 3.81, a price-to-earnings-growth ratio of 1.33 and a beta of 1.02.

BANCO DO BRASIL/S Cuts Dividend

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

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.