A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Petroleo Brasileiro S.A. Petrobras ADR’s current trading price is -17.70% away from its 52-week high, while its distance from the 52-week low is 72.39%. The stock’s price range for this time frame has been between $8.55 and $17.91. The trading volume of the company’s shares in the Energy reached around 13.31 million for the day, which was evidently lower than the average daily volume of 18.12 million over the last three months.
The market performance of Petroleo Brasileiro S.A. Petrobras ADR has been somewhat stable. Over the past year, the company’s stock achieved a high of $17.91 on 02/27/24, with the lowest value for the same timeframe being $8.55, recorded on 03/27/23.
How Financial Performance Impacts Market Capitalization
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has experienced a quarterly decline of -6.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.85B and boasts a workforce of 46730 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 15.93, with a change in price of -0.26. Similarly, Petroleo Brasileiro S.A. Petrobras ADR recorded 17,539,328 in trading volume during the last 100 days, posting a change of -1.73%.
How PBR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PBR stands at 0.80. Similarly, the long-term debt-to-equity ratio is also 0.65.
PBR Stock Stochastic Average
The raw stochastic average for Petroleo Brasileiro S.A. Petrobras ADR over the last 50 days is presently at 14.32%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 14.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 15.78% and 15.02%, respectively.
PBR Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -7.70% this year. Over the last six months, there has been a weaker performance of 0.88%. The price of PBR leaped by -16.49% during the last 30 days period. For the last 5-days stocks have improved 1.45%.
