August 04, 2022, Banco Bradesco S.A. (NYSE: BBD) trading session started at the price of $3.43, that was 1.79% jump from the session before. During the day, the shares moved up to $3.50 and dropped to $3.39 before settling in for the closing price of $3.36. A 52-week range for BBD has been $2.93 – $4.31.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Financial sector was -1.20%. When this article was written, the company’s average yearly earnings per share was at -24.70%. With a float of $7.60 billion, this company’s outstanding shares have now reached $9.69 billion.
Considering the fact that the conglomerate employs 87488 people, you should pay attention to its efficiency factor.
Banco Bradesco S.A. (BBD) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Banco Bradesco S.A. stocks. The insider ownership of Banco Bradesco S.A. is 35.30%, while institutional ownership is 17.90%.
Banco Bradesco S.A. (BBD) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 3/30/2022, it has been observed that the corporation posted $0.12 earnings per share (EPS) during the time that was better than consensus figure (set at $0.12) by $0. This company achieved a net margin of +9.41 while generating a return on equity of 15.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.60% during the next five years compared to -2.70% drop over the previous five years of trading.
Banco Bradesco S.A. (NYSE: BBD) Trading Performance Indicators
You can see what Banco Bradesco S.A. (BBD) is doing with its current performance indicators. In the most recent quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 2.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.94, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.56 in one year’s time.
Technical Analysis of Banco Bradesco S.A. (BBD)
Compared to the last year’s volume of 39.33 million, its volume of 24.08 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 81.73%. Additionally, its Average True Range was 0.11.
During the past 100 days, Banco Bradesco S.A.’s (BBD) raw stochastic average was set at 35.25%, which indicates a significant decrease from 83.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.84% in the past 14 days, which was lower than the 34.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.50, while its 200-day Moving Average is $3.56. Nevertheless, the first resistance level for the watch stands at $3.48 in the near term. At $3.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.59. If the price goes on to break the first support level at $3.37, it is likely to go to the next support level at $3.33. Now, if the price goes above the second support level, the third support stands at $3.26.
Banco Bradesco S.A. (NYSE: BBD) Key Stats
There are 10,658,488K outstanding shares of the company, which has a market capitalization of 32.43 billion. As of now, sales total 28,376 M while income totals 4,067 M. Its latest quarter income was 9,721 M while its last quarter net income were 1,342 M.