Banco Do Brasil (OTCMKTS:BDORY) Shares Gap Up – Time to Buy?

by · The Markets Daily

Banco Do Brasil SA (OTCMKTS:BDORY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $4.10, but opened at $4.2815. Banco Do Brasil shares last traded at $4.2815, with a volume of 513 shares.

Wall Street Analyst Weigh In

Separately, Citigroup cut Banco Do Brasil from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Banco Do Brasil has a consensus rating of “Hold”.

Check Out Our Latest Analysis on Banco Do Brasil

Banco Do Brasil Stock Up 4.9%

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.95. The business has a fifty day moving average of $4.12 and a two-hundred day moving average of $4.01. The company has a market cap of $24.64 billion, a price-to-earnings ratio of 11.03, a PEG ratio of 2.15 and a beta of 0.45.

Banco Do Brasil (OTCMKTS:BDORY – Get Free Report) last posted its quarterly earnings data on Thursday, November 13th. The financial services provider reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). The business had revenue of $7.14 billion during the quarter, compared to analysts’ expectations of $7.06 billion. Banco Do Brasil had a net margin of 3.75% and a return on equity of 12.83%. As a group, equities analysts anticipate that Banco Do Brasil SA will post 1.08 EPS for the current fiscal year.

Banco Do Brasil Company Profile

(Get Free Report)

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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