BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Price Crosses Below Two Hundred Day Moving Average of $5.68

Shares of BANCO DO BRASIL/S (OTCMKTS:BDORY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.68 and traded as low as $4.70. BANCO DO BRASIL/S shares last traded at $4.80, with a volume of 187,635 shares traded.

BANCO DO BRASIL/S Stock Performance

The firm’s 50 day moving average price is $5.51 and its 200-day moving average price is $5.68. The firm has a market capitalization of $27.51 billion, a PE ratio of 4.23, a price-to-earnings-growth ratio of 0.83 and a beta of 1.08.

BANCO DO BRASIL/S (OTCMKTS:BDORY) last posted its earnings results on Tuesday, May 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. BANCO DO BRASIL/S had a net margin of 11.65% and a return on equity of 19.16%. The business had revenue of $13.92 billion for the quarter. On average, equities research analysts expect that BANCO DO BRASIL/S will post 1.29 earnings per share for the current fiscal year.

BANCO DO BRASIL/S Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, July 8th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.0331 per share. The ex-dividend date of this dividend is Monday, June 17th. BANCO DO BRASIL/S’s payout ratio is currently 18.50%.

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.