BANCO DO BRASIL/S (OTCMKTS:BDORY) Sets New 12-Month Low – Should You Sell?

BANCO DO BRASIL/S (OTCMKTS:BDORY)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $3.95 and last traded at $4.00, with a volume of 602113 shares changing hands. The stock had previously closed at $4.04.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BDORY. Citigroup downgraded BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 5th. The Goldman Sachs Group lowered BANCO DO BRASIL/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 5th.

BANCO DO BRASIL/S Price Performance

The firm has a market capitalization of $21.87 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 stock has a fifty day moving average price of $4.44 and a 200-day moving average price of $4.79.

BANCO DO BRASIL/S Cuts Dividend

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