Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) currently has a daily average trading volume of 14.46M but it saw 10366595 shares traded in last market. With a market cap of 51.80B USD, the company’s current market price of $13.92 came falling about -1.49 while comparing to the previous closing price of $14.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.10 and as low as $12.54. In the recent trading on the day, stock has struck highest price mark of $13.88 while lowest mark touched by it was $14.0299.
Taking a look at 20-day trading activity of Petroleo Brasileiro S.A. Petrobras ADR (PBR) gives us an average price of $13.81, while its current price level is -18.61% below from 52-week high level whereas it is 11.00% 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 $13.74 while that of 200 days or SMA-200 reads an average of $14.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that decreases to 1.89%. 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 54.92 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 0.22% up while it is 6.91% when we observe its performance for the past one month. Year-to-date it is 8.24% up and over the past year, the stock is showing a downside performance of -14.30%.
Currently, Petroleo Brasileiro S.A. Petrobras ADR’s total number of outstanding shares is 3.72B with 0.00% of that held by the insiders while 19.67% of its common stock has been owned by the institutions. 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 5.48 while having a 4.56 of forward P/E ratio. Stock’s beta reads 1.45. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 0.53. Its return on asset (ROA) is 8.15% on average.
