Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Banco Bradesco S.A.’s current trading price is -21.42% away from its 52-week high, while its distance from the 52-week low is 33.36%. The stock’s price range during this period has varied between $2.29 and $3.89. The company, active in the Financial sector, saw a trading volume of around 15.31 million for the day, considerably lower average daily volume of 20.88 million observed over the last three months.
Currently, the stock price of Banco Bradesco S.A. (BBD) is $3.06. In the most recent trading session, the stock underwent a significant upswing, peaking at $3.09 after opening at $3.055. The stock touched a low of $3.0401 before closing at $3.06.
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The stock market performance of Banco Bradesco S.A. has been fairly unsteady. Over the last year, the company’s stock hit its highest at $3.89 on 10/05/22, while the lowest price during the same time frame was $2.29, recorded on 03/24/23.
How Financial Performance Impacts Market Capitalization
Banco Bradesco S.A. (BBD) has experienced a quarterly decline of -11.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.77B and boasts a workforce of 88381 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.21, with a change in price of +0.38. Similarly, Banco Bradesco S.A. recorded 22,866,842 in trading volume during the last 100 days, posting a change of +14.18%.
How BBD’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for BBD stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
BBD Stock Stochastic Average
As of today, the raw stochastic average of Banco Bradesco S.A. over the last 50 days is at 28.40%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 60.53%. Further, the company’s Stochastic %K and %D values for the last 20 days were 57.89% and 51.17%, respectively.
BBD Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 13.26%. However, over the past six months, we’ve seen a weaker performance of 16.88%. The price of BBD fallen by 0.46% over the last 30 days. And in the last five days, it has surged by 6.62%.
