Banco Do Brasil (OTCMKTS:BDORY) Sees Strong Trading Volume – Still a Buy?

Shares of Banco Do Brasil SA (OTCMKTS:BDORY – Get Free Report) saw unusually-high trading volume on Thursday. 1,039,892 shares were traded during trading, an increase of 68% from the average daily volume of 617,454 shares. The stock last traded at $3.05 and had previously closed at $3.08.

Analysts Set New Price Targets

A number of brokerages recently weighed in on BDORY. Citigroup downgraded shares of Banco Do Brasil from a “buy” rating to a “sell” rating in a research report on Tuesday, October 27th. Zacks Research cut shares of Banco Do Brasil from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 22nd. Three research analysts have rated the stock with a Sell rating. According to data from MarketBeat, Banco Do Brasil presently has a consensus rating of “Strong Sell”.

Read Our Latest Stock Analysis on BDORY

Banco Do Brasil Stock Up 1.9%

The firm has a market capitalization of $18.05 billion, a PE ratio of 7.88, a PEG ratio of 0.58 and a beta of 0.46. The company has a fifty day moving average price of $4.29 and a 200-day moving average price of $4.35. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.93 and a current ratio of 0.73.

Banco Do Brasil Company Profile

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