Banco Bradesco S.A. ADR (NYSE:BBD) currently has a daily average trading volume of 34.69M but it saw 35579794 shares traded in last market. With a market cap of 9.96B USD, the company’s current market price of $1.88 came rising about 0.53 while comparing to the previous closing price of $1.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.41 and as low as $1.84. In the recent trading on the day, stock has struck highest price mark of $1.87 while lowest mark touched by it was $1.92.
Taking a look at 20-day trading activity of Banco Bradesco S.A. ADR (BBD) gives us an average price of $2.1150, while its current price level is -44.87% below from 52-week high level whereas it is 2.17% 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 $2.3492 while that of 200 days or SMA-200 reads an average of $2.5441. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.14% during that period while stretching the period over a month that decreases to 3.29%. 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 28.90 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 -8.74% down while it is -21.99% when we observe its performance for the past one month. Year-to-date it is -43.92% down and over the past year, the stock is showing a downside performance of -43.41%.
Currently, Banco Bradesco S.A. ADR’s total number of outstanding shares is 5.30B. 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 7.15 while having a 4.85 of forward P/E ratio. Stock’s beta reads 0.96. Stock has a price to book (P/B) ratio of 0.65 while price to sale or P/S ratio amounts to 0.17. Its return on asset (ROA) is 0.74% on average.
