Banco Bradesco S.A. ADR (NYSE:BBD) shares, rose in value, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.66.
Actively observing the price movement in the last trading, the stock closed the session at $2.66. The PE ratio was 9.98 over 12-month period. Referring to stock’s 52-week performance, its high was $3.55, and the low was $2.47. On the whole, BBD has fluctuated by -5.00% over the past month.
The company’s Forward Dividend Ratio is 0.00, with its dividend yield at 0.14%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 24.4B, with a low estimate of 5.71B and a high estimate of 5.71B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.71B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BBD’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.36, with the price of BBD currently trading nearly -4.64% and -4.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.56, while the 7-day volatility ratio is showing 2.18% which for the 30-day chart, stands at 2.49%. Furthermore, Banco Bradesco S.A. ADR (BBD)’s beta value is 0.98, and its average true range (ATR) is 0.07.
A comparison of Banco Bradesco S.A. ADR (BBD) with its peers suggests the former has fared considerably weaker in the market. BBD showed an intraday change of 0.00% in last session, and over the past year, it grew by 6.01%%.
Data on historical trading for Banco Bradesco S.A. ADR (NYSE:BBD) indicates that the trading volumes over the past 3 months, they’ve averaged 16.37 million. According to company’s latest data on outstanding shares, there are 5.31 billion shares outstanding.
Nearly 0.00% of Banco Bradesco S.A. ADR’s shares belong to company insiders and institutional investors own 19.47% of the company’s shares. The stock has fallen by -23.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BBD stock heading into the next quarter.
