(VIANEWS) – The NYSE ended the session with Banco Bradesco rising 5.03% to $3.76 on Monday, after two successive sessions in a row of losses. NYSE rose 0.69% to $14,674.46, after two consecutive sessions in a row of losses, on what was a somewhat bullish trend trading session today.

Why is Banco Bradesco Stock Going Up?

Banco Bradesco (BBD) offers a wide range of banking and financial products in Brazil and abroad. Its customers include individuals, small businesses, and major corporations. In addition to retail clients, the company provides business clients with a wide range of banking services.

Banco Bradesco is the second largest private bank in Brazil. It is also one of the largest insurance providers in Brazil. It has between 20% and 25% of the Brazilian market and is majority-owned by the Bradesco Foundation, a private non-profit focusing on education. Its profits come from the banking and insurance segments, with the latter contributing about 30 percent of total profits. The company is headquartered in Osasco, Brazil.

About Banco Bradesco

Banco Bradesco S.A. and its affiliates offer a variety of banking services and products to Brazilian and international individuals and corporations. Two segments of the company are Banking and Insurance. The company offers current, savings and click accounts, as well as vehicle financing, payday loans, mortgage loans and microcredit. It also provides personal and installment credit. Debit and business cards are available. Banco Bradesco S.A. is an American bank headquartered in Osasco in Brazil. It was established in 1943.


Today’s last reported volume for Banco Bradesco is 25257700, 9.81% below its average volume of 28006800.

Banco Bradesco’s last close was $3.58, 24.47% below its 52-week high of $4.74.

Banco Bradesco’s Sales

Banco Bradesco’s sales growth is 15.4% for the current quarter and 5% for the next. The company’s growth estimates for the present quarter is 9.1% and a drop 14.3% for the next.

Banco Bradesco’s Revenue

Year-on-year quarterly revenue growth grew by 11.9%, now sitting on 95.45B for the twelve trailing months.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Banco Bradesco’s stock is considered to be overbought (>=80).

Banco Bradesco’s Stock Yearly Top and Bottom Value

Banco Bradesco’s stock is valued at $3.76 at 18:16 EST, way below its 52-week high of $4.74 and way above its 52-week low of $2.93.

Banco Bradesco’s Moving Average

Banco Bradesco’s value is higher than its 50-day moving average of $3.43 and below its 200-day moving average of $3.79.

More news about Banco Bradesco (BBD).


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