[breadcrumb_custom]

PBR’s Stock Market Pendulum: Swinging Between Gains and Losses

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 55.26%. However, over the past six months, we’ve seen a weaker performance of 41.20%. The price of PBR leaped by -1.96% over the last 30 days. And in the last five days, it has surged by 5.32%.

The stock price for Petroleo Brasileiro S.A. Petrobras ADR (PBR) currently stands at $16.04. The stock experienced a substantial increase in the last session, hitting $16.275 after starting at $15.70. The stock’s lowest price was $15.69 before closing at $15.55.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Petroleo Brasileiro S.A. Petrobras ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $16.55 on 10/18/23, while the lowest price for the same period was registered at $8.61 on 12/14/22.

52-week price history of PBR Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Petroleo Brasileiro S.A. Petrobras ADR’s current trading price is -3.05% away from its 52-week high, while its distance from the 52-week low is 86.20%. The stock’s price range during this time has been between $8.61 and $16.55. The trading volume for the Energy sector company’s shares reached about 20.55 million for the day, which was higher than the average daily volume of 18.9 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Petroleo Brasileiro S.A. Petrobras ADR (PBR) has experienced a quarterly rise of 18.55% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 59.69B and boasts a workforce of 45149 employees.

Petroleo Brasileiro S.A. Petrobras ADR: Analysts’ Ratings Unveiled

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.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 14.61, with a change in price of +1.86. Similarly, Petroleo Brasileiro S.A. Petrobras ADR recorded 19,353,689 in trading volume during the last 100 days, posting a change of +13.12%.

PBR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its 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

Today’s raw stochastic average for Petroleo Brasileiro S.A. Petrobras ADR over the last 50 days is 83.03%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 84.07%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 63.33% and 57.14%, respectively.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts