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After finishing at $2.00 in the prior trading day, Banco Bradesco S.A. ADR (NYSE: BBD) closed at $1.87, down -6.50%. In other words, the price has decreased by -$6.50 from its previous closing price. On the day, 66.91 million shares were traded. BBD stock price reached its highest trading level at $1.96 during the session, while it also had its lowest trading level at $1.84.
Ratios:
Our goal is to gain a better understanding of BBD by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.96 whereas as Long-Term Debt/Eq ratio is at 1.59.
On August 19, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $2.50 to $3.20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BBD now has a Market Capitalization of 19764965376 and an Enterprise Value of 457272295424. As of this moment, Banco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.11, and their Forward P/E ratio for the next fiscal year is 4.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 6.065.
Stock Price History:
Over the past 52 weeks, BBD has reached a high of $3.41, while it has fallen to a 52-week low of $1.91. The 50-Day Moving Average of the stock is -20.87%, while the 200-Day Moving Average is calculated to be -25.48%.
Shares Statistics:
The stock has traded on average 34.28M shares per day over the past 3-months and 41442530 shares per day over the last 10 days, according to various share statistics. A total of 5.30B shares are outstanding, with a floating share count of 5.30B. Insiders hold about 0.00% of the company’s shares, while institutions hold 17.81% stake in the company. Shares short for BBD as of 1732838400 were 37249920 with a Short Ratio of 1.09, compared to 1730332800 on 17952122. Therefore, it implies a Short% of Shares Outstanding of 37249920 and a Short% of Float of 0.70999996.
Dividends & Splits
In the trailing 12 months, BBD’s forward annual dividend rate was 1.114, compared to 0.05 this year. Against a Trailing Annual Dividend Yield of 0.557The stock’s 5-year Average Dividend Yield is 4.15.