Banco Do Brasil (OTCMKTS:BDORY) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Banco Do Brasil SA (OTCMKTS:BDORY - Get Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.12 and traded as high as $4.14. Banco Do Brasil shares last traded at $4.12, with a volume of 227,938 shares.Get Banco Do Brasil alerts:Wall Street Analyst Weigh InA number of equities analysts have weighed in on BDORY shares. Citigroup lowered shares of Banco Do Brasil from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 13th. Zacks Research cut shares of Banco Do Brasil from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 1st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Banco Do Brasil currently has an average rating of "Reduce".View Our Latest Report on BDORYBanco Do Brasil Stock Down 0.2%The company has a market cap of $23.61 billion, a PE ratio of 10.56 and a beta of 0.42. The stock has a 50-day moving average of $4.12 and a 200-day moving average of $3.98. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.97. Banco Do Brasil (OTCMKTS:BDORY - Get Free Report) last posted its earnings results on Thursday, November 13th. The financial services provider reported $0.10 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.03). Banco Do Brasil had a return on equity of 12.73% and a net margin of 3.75%.The business had revenue of $7.14 billion for the quarter, compared to analysts' expectations of $7.06 billion. Sell-side analysts predict that Banco Do Brasil SA will post 1.08 earnings per share for the current fiscal year. About Banco Do Brasil (Get Free Report)Banco do Brasil SA is one of Brazil's largest and oldest financial institutions, founded in 1808. As a state-controlled commercial bank with a long history in the country's financial system, it provides a broad range of universal banking services to individual, corporate and public-sector clients. The bank's activities include retail banking, corporate and commercial lending, asset management, investment banking, treasury and capital markets operations, trade finance and international banking services. Banco do Brasil offers a full suite of products such as deposit accounts, payment and cash management services, mortgages and consumer credit, credit cards, leasing and structured finance, as well as insurance and pension products through affiliated businesses.Featured StoriesFive stocks we like better than Banco Do BrasilElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthA U.S. “birthright” claim worth trillions - activated quietlyTicker Revealed: Pre-IPO Access to "Next Elon Musk" CompanyThis stock gets a 94 out of 100This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Banco Do Brasil Right Now?Before you consider Banco Do Brasil, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Banco Do Brasil wasn't on the list.While Banco Do Brasil currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here