BANCO DO BRASIL/S (OTCMKTS:BDORY) Reaches New 1-Year Low – Should You Sell?

BANCO DO BRASIL/S (OTCMKTS:BDORY) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $3.72 and last traded at $3.82, with a volume of 128845 shares traded. The stock had previously closed at $3.99.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group downgraded shares of BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 5th. Citigroup lowered BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 5th.

BANCO DO BRASIL/S Stock Down 4.3 %

The company has a market capitalization of $21.89 billion, a PE ratio of 3.38, a P/E/G 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 firm has a fifty day simple moving average of $4.31 and a 200-day simple moving average of $4.72.

BANCO DO BRASIL/S Cuts Dividend

The business 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 of this dividend is Friday, December 13th. BANCO DO BRASIL/S’s dividend payout ratio is presently 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.