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Petroleo Brasileiro S.A. Petrobras ADR’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

THMO

Petroleo Brasileiro S.A. Petrobras ADR ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $17.91 on 02/27/24, while the lowest value for the same period was recorded at $9.30 on 05/03/23.

52-week price history of PBR Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Petroleo Brasileiro S.A. Petrobras ADR’s current trading price is -12.23% away from its 52-week high, while its distance from the 52-week low is 69.07%. The stock’s price range during this period has spanned from $9.30 to $17.91. In the Energy sector, the Petroleo Brasileiro S.A. Petrobras ADR’s shares surpassed a trading volume of approximately 21.84 million for the day, which was noticeably higher compared to the average daily volume of 9.20.1 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 decline of -3.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 58.50B and boasts a workforce of 46730 employees.

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 15.94, with a change in price of +0.17. Similarly, Petroleo Brasileiro S.A. Petrobras ADR recorded 18,417,291 in trading volume during the last 100 days, posting a change of +1.09%.

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 0.80. 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 40.81%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 73.30%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 84.95% and 84.74%, 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. Year to date metric has recorded a loss of -1.57%.However, over the last six months, we can see a weaker performance of 7.37%. Over the last 30 days, the price of PBR has fallen by 6.14%. And in the last five days, it has surged by 1.48%.