BANCO DO BRASIL/S (OTCMKTS:BDORY) Stock Crosses Below Fifty Day Moving Average of $11.78
BANCO DO BRASIL/S (OTCMKTS:BDORY)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $11.78 and traded as low as $11.30. BANCO DO BRASIL/S shares last traded at $11.49, with a volume of 24,402 shares changing hands.
Several analysts have recently issued reports on the company. Goldman Sachs Group upgraded BANCO DO BRASIL/S from a “neutral” rating to a “buy” rating in a research report on Friday, September 6th. ValuEngine downgraded BANCO DO BRASIL/S from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st.
The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.14 and a current ratio of 1.10. The business has a fifty day moving average price of $11.71 and a 200 day moving average price of $12.74. The company has a market capitalization of $33.31 billion, a PE ratio of 8.32 and a beta of 0.94.
About BANCO DO BRASIL/S (OTCMKTS:BDORY)
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.
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