Banco Do Brasil (OTCMKTS:BDORY) Shares Gap Down – Here’s What Happened

Banco Do Brasil SA (OTCMKTS:BDORY – Get Free Report) shares gapped down before the market opened on Wednesday. The stock had previously closed at $5.29, but opened at $4.76. Banco Do Brasil shares last traded at $4.86, with a volume of 9,609 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Banco Do Brasil from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Research Report on Banco Do Brasil

Banco Do Brasil Stock Performance

The firm has a market cap of $28.04 billion, a PE ratio of 12.23, a PEG ratio of 0.98 and a beta of 0.37. The company has a quick ratio of 0.93, a current ratio of 0.73 and a debt-to-equity ratio of 1.56. The company has a 50-day simple moving average of $4.20 and a two-hundred day simple moving average of $4.24.

Banco Do Brasil Company Profile

(Get Free Report)

Banco do Brasil SA is a Brazilian financial institution that provides banking and financial services to individuals, businesses, and government-related entities. Its offerings include checking and savings accounts, consumer and commercial lending, mortgages, credit and debit cards, payment solutions, foreign exchange, and digital banking services.

The bank also serves corporate and institutional customers through investment banking, treasury, capital markets, asset management, insurance, and pension products.

Further Reading

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