Media stories about Banco Bradesco (NYSE:BBDO) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Banco Bradesco earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 47.5064725856622 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Banco Bradesco (BBDO) traded down $0.28 during trading on Tuesday, reaching $11.52. 18,523 shares of the company were exchanged, compared to its average volume of 8,524. Banco Bradesco has a one year low of $7.47 and a one year high of $13.09. The stock has a market capitalization of $35,645.79, a P/E ratio of 15.19 and a beta of 1.90.
Banco Bradesco (NYSE:BBDO) last issued its quarterly earnings results on Thursday, February 1st. The bank reported $0.25 earnings per share (EPS) for the quarter. Banco Bradesco had a net margin of 9.87% and a return on equity of 17.54%. The company had revenue of $9.90 billion during the quarter.
Separately, ValuEngine upgraded shares of Banco Bradesco from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 10th.
About Banco Bradesco
Banco Bradesco SA provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates in two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes.
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