BANCO DO BRASIL/S (OTCMKTS:BDORY) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Shares of BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.61 and traded as high as $4.95. BANCO DO BRASIL/S shares last traded at $4.95, with a volume of 338,890 shares changing hands.

BANCO DO BRASIL/S Trading Up 3.2 %

The business's fifty day moving average price is $4.92 and its 200 day moving average price is $4.59. The company has a market capitalization of $27.45 billion, a P/E ratio of 4.17, a P/E/G ratio of 1.65 and a beta of 0.62.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The financial services provider reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.01. BANCO DO BRASIL/S had a net margin of 12.30% and a return on equity of 19.30%. The firm had revenue of $14.73 billion during the quarter. Equities research analysts anticipate that BANCO DO BRASIL/S will post 1.08 EPS for the current year.

BANCO DO BRASIL/S Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were given a $0.0408 dividend. This is a boost from BANCO DO BRASIL/S's previous dividend of $0.02. The ex-dividend date of this dividend was Thursday, March 13th. BANCO DO BRASIL/S's dividend payout ratio is 6.09%.

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.