Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) currently has a daily average trading volume of 15.81M but it saw 10501014 shares traded in last market. With a market cap of 50.12B USD, the company’s current market price of $13.47 came falling about -1.10 while comparing to the previous closing price of $13.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.40 and as low as $12.77. In the recent trading on the day, stock has struck highest price mark of $13.45 while lowest mark touched by it was $13.71.
Taking a look at 20-day trading activity of Petroleo Brasileiro S.A. Petrobras ADR (PBR) gives us an average price of $14.34, while its current price level is -22.60% below from 52-week high level whereas it is 5.51% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.63 while that of 200 days or SMA-200 reads an average of $15.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.80% during that period while stretching the period over a month that decreases to 1.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.69 which implies that the stock is in neutral territory.
JP Morgan upgraded its recommendation for the stock as a “Overweight” from “Neutral” on September 25, 2024 while assigning a price target range of $16.50-$19. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $18 and $20.
Over the week, PBR’s stock price is moving -1.32% down while it is -8.86% when we observe its performance for the past one month. Year-to-date it is -13.20% down and over the past year, the stock is showing a downside performance of -5.57%.
Currently, Petroleo Brasileiro S.A. Petrobras ADR’s total number of outstanding shares is 3.72B. Company’s return on investment (ROI) stands at 13.93% and return on equity (ROE) at 22.21%. It has a price to earnings ratio (P/E ratio) of 5.46 while having a 4.53 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 1.29 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is 8.08% on average.
