BANCO DO BRASIL/S (OTCMKTS:BDORY) Share Price Passes Below 200-Day Moving Average – Time to Sell?

BANCO DO BRASIL/S (OTCMKTS:BDORY)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.77 and traded as low as $3.89. BANCO DO BRASIL/S shares last traded at $3.91, with a volume of 210,769 shares traded.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Citigroup cut shares of 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 shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 5th.

BANCO DO BRASIL/S Trading Down 1.0 %

The firm has a market capitalization of $22.41 billion, a price-to-earnings ratio of 3.46, a PEG ratio of 1.63 and a beta of 1.03. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.04 and a current ratio of 1.00. The company has a 50-day moving average price of $4.38 and a 200-day moving average price of $4.75.

BANCO DO BRASIL/S Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 6th. Investors of record on Friday, December 13th will be issued a $0.0227 dividend. The ex-dividend date is Friday, December 13th. BANCO DO BRASIL/S’s dividend payout ratio (DPR) 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.