ValuEngine Lowers Banco Do Brasil (BDORY) to Buy

ValuEngine downgraded shares of Banco Do Brasil (OTCMKTS:BDORY) from a strong-buy rating to a buy rating in a report released on Thursday.

Shares of Banco Do Brasil (OTCMKTS:BDORY) traded up $0.19 during midday trading on Thursday, reaching $9.43. The company’s stock had a trading volume of 77,277 shares, compared to its average volume of 157,693. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 2.02. Banco Do Brasil has a 52 week low of $6.94 and a 52 week high of $12.00.

The firm also recently declared a None dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, November 24th will be given a $0.051 dividend. This is an increase from Banco Do Brasil’s previous None dividend of $0.02. The ex-dividend date is Wednesday, November 22nd.

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About Banco Do Brasil

Banco do Brasil SA provides banking products and services for individuals, companies, and government in Brazil. The company’s Banking segment offers various products and services, such as deposits, loans, and services to retail, wholesale, and government markets, as well as to micro-entrepreneurs and the low income population.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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