BANCO DO BRASIL/S (OTCMKTS:BDORY) Shares Pass Above 200-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 Price Performance

The firm has a market cap of $28.37 billion, a price-to-earnings ratio of 4.30, a P/E/G ratio of 1.65 and a beta of 0.62. The company's 50 day simple moving average is $4.93 and its 200 day simple moving average is $4.60.

BANCO DO BRASIL/S (OTCMKTS:BDORY - Get Free Report) last issued its earnings results on Thursday, February 20th. The financial services provider reported $0.28 earnings per share for the quarter, beating the consensus estimate 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 for the quarter. As a group, analysts forecast that BANCO DO BRASIL/S will post 1.08 earnings per share for the current year.

BANCO DO BRASIL/S Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 13th were given a dividend of $0.0408 per share. The ex-dividend date of this dividend was Thursday, March 13th. This is a positive change from BANCO DO BRASIL/S's previous dividend of $0.02. BANCO DO BRASIL/S's dividend payout ratio (DPR) is 6.09%.

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.