Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) currently has a daily average trading volume of 15.60M but it saw 15732003 shares traded in last market. With a market cap of 53.44B USD, the company’s current market price of $14.36 came falling about -2.11 while comparing to the previous closing price of $14.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.42 and as low as $12.78. In the recent trading on the day, stock has struck highest price mark of $14.3401 while lowest mark touched by it was $14.7499.
Taking a look at 20-day trading activity of Petroleo Brasileiro S.A. Petrobras ADR (PBR) gives us an average price of $13.93, while its current price level is -17.55% below from 52-week high level whereas it is 12.41% 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 $14.24 while that of 200 days or SMA-200 reads an average of $15.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.69% during that period while stretching the period over a month that decreases to 2.24%. 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 54.05 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 0.56% up while it is 5.43% when we observe its performance for the past one month. Year-to-date it is -7.53% down and over the past year, the stock is showing a downside performance of -4.66%.
Currently, Petroleo Brasileiro S.A. Petrobras ADR’s total number of outstanding shares is 3.72B. Company’s return on investment (ROI) stands at 13.71% and return on equity (ROE) at 21.98%. It has a price to earnings ratio (P/E ratio) of 5.65 while having a 4.87 of forward P/E ratio. Stock’s beta reads 1.47. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 0.55. Its return on asset (ROA) is 8.15% on average.
