PBR’s Debt-to-Equity Ratio at 0.79: What It Means for Petroleo Brasileiro S.A. Petrobras ADR’s Future

Petroleo Brasileiro S.A. Petrobras ADR (PBR) stock is currently valued at $15.52. During the last session, the stock experienced a remarkable rise, reaching $15.94 after opening at $15.91. The stock briefly dropped to $15.68 before ultimately closing at $15.78.

The market performance of Petroleo Brasileiro S.A. Petrobras ADR’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $16.55 on 10/18/23, while the lowest value for the same duration was $8.61 on 12/14/22.

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52-week price history of PBR Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Petroleo Brasileiro S.A. Petrobras ADR’s current trading price is -6.20% away from its 52-week high, while its distance from the 52-week low is 80.15%. The stock’s price range during the 52-week period has remained between $8.61 and $16.55. In the Energy sector, the company’s shares saw a trading volume of around 8.57 million for the day, which was evidently lower than the average daily volume of 19.06 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Petroleo Brasileiro S.A. Petrobras ADR (PBR) has experienced a quarterly rise of 12.96% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 57.75B and boasts a workforce of 45149 employees.

A Closer Look at Analysts’ Ratings for Petroleo Brasileiro S.A. Petrobras ADR

As of right now, 8 analysts are rating Petroleo Brasileiro S.A. Petrobras ADR as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 14.59, with a change in price of +1.37. Similarly, Petroleo Brasileiro S.A. Petrobras ADR recorded 19,202,121 in trading volume during the last 100 days, posting a change of +9.62%.

Examining PBR’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for PBR stands at 0.79. Similarly, the long-term debt-to-equity ratio is also 0.65.

PBR Stock Stochastic Average

As of today, Petroleo Brasileiro S.A. Petrobras ADR’s raw stochastic average for the last 50 days stands at 68.57%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 50.62%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 56.23% and 50.33%, respectively.

PBR Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded an increase of 50.21%. However, over the last six months, the performance has been weaker by 36.61%. The price of PBR decreased -6.06% over the last 30 days. And in the last five days, it has surged by 2.10%.

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