Banco Bradesco S.A. ADR (NYSE:BBD) currently has a daily average trading volume of 30.11M but it saw 69492219 shares traded in last market. With a market cap of 11.97B USD, the company’s current market price of $2.26 came falling about -4.64 while comparing to the previous closing price of $2.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.41 and as low as $2.15. In the recent trading on the day, stock has struck highest price mark of $2.24 while lowest mark touched by it was $2.37.
Taking a look at 20-day trading activity of Banco Bradesco S.A. ADR (BBD) gives us an average price of $2.37, while its current price level is -33.72% below from 52-week high level whereas it is 5.09% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.54 while that of 200 days or SMA-200 reads an average of $2.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.48% during that period while stretching the period over a month that increases to 2.48%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.91 which implies that the stock is in oversold territory.
Goldman upgraded its recommendation for the stock as a “Buy” from “Neutral” on August 19, 2024 while assigning a price target range of $2.50-$3.20.
Over the week, BBD’s stock price is moving -6.22% down while it is -11.94% when we observe its performance for the past one month. Year-to-date it is -32.58% down and over the past year, the stock is showing a downside performance of -27.24%.
Currently, Banco Bradesco S.A. ADR’s total number of outstanding shares is 5.31B. Company’s return on investment (ROI) stands at 3.51% and return on equity (ROE) at 8.73%. It has a price to earnings ratio (P/E ratio) of 8.59 while having a 5.70 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 0.78 while price to sale or P/S ratio amounts to 0.21. Its return on asset (ROA) is 0.74% on average.
