Banco Bradesco S.A. ADR (NYSE:BBD) price closed lower on Friday, April 12, dropping -2.46% below its previous close.
A look at the daily price movement shows that the last close reads $2.84. The company’s P/E ratio in the trailing 12-month period read 10.39. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.55 and 52-week low of $2.44. The stock subtracted -3.82% on its value in the past month.
Banco Bradesco S.A. ADR, which has a market valuation of $14.71 billion. The company stock has a Forward Dividend ratio of 0.08, while the dividend yield is 3.01%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BBD a short term outlook of 75% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 75% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.38. The overview shows that BBD’s price is at present -2.96% off the SMA20 and -2.79% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 41.72, with weekly volatility standing at 2.08%. The indicator jumps to 2.33% when calculated based on the past 30 days. Banco Bradesco S.A. ADR (NYSE:BBD)’s beta value is holding at 0.97, while the average true range (ATR) indicator is currently reading 0.07. An analysis of the Banco Bradesco S.A. ADR (NYSE:BBD) stock in terms of its daily trading volume indicates that the 3-month average is 16.62 million.
Current records show that the company has 5.31B in outstanding shares. The insiders’ percentage holdings are 0.00% of outstanding shares while the percentage share held by institutions stands at 19.47%. But the -20.56% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
