Banco Bradesco S.A. ADR (NYSE:BBD) shares, rose in value, with the stock price up by 1.44% to the previous day’s close as strong demand from buyers drove the stock to $2.11.
Actively observing the price movement in the recent trading, the stock is buoying the session at $2.08, falling within a range of $2.065 and $2.12. The value of beta (5-year monthly) is 0.646 whereas the PE ratio is 6.97 over 12-month period. Referring to stock’s 52-week performance, its high was $2.87, and the low was $1.79. On the whole, BBD has fluctuated by 9.65% over the past month.
With the market capitalization of Banco Bradesco S.A. ADR currently standing at about $11.16 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.05, with its dividend yield at 2.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 130.42B, with a low estimate of 29.51B and a high estimate of 31.71B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 30.7B.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 0.46, with the price of BBD currently trading nearly 2.58% and 6.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.02, while the 7-day volatility ratio is showing 3.45% which for the 30-day chart, stands at 3.23%. Furthermore, Banco Bradesco S.A. ADR (BBD)’s beta value is 0.95, and its average true range (ATR) is 0.08.
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 1.44% in today’s session so far, and over the past year, it shrunk by -17.95%%.
Data on historical trading for Banco Bradesco S.A. ADR (NYSE:BBD) indicates that the trading volumes over the past 10 days have averaged 54.32 and over the past 3 months, they’ve averaged 42.75 million. According to company’s latest data on outstanding shares, there are 5.29 billion shares outstanding.
Nearly 0.03% of Banco Bradesco S.A. ADR’s shares belong to company insiders and institutional investors own 18.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 115.91 million shares as on 2025-01-15, resulting in a short ratio of 2.88. According to the data, the short interest in Banco Bradesco S.A. ADR (BBD) stood at 221.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 84.85 million. The stock has risen by 13.79% 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.
