Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Petroleo Brasileiro S.A. Petrobras ADR’s current trading price is -20.95% away from its 52-week high, while its distance from the 52-week low is 7.81%. The stock’s price range during this period has varied between $12.54 and $17.10. The company, active in the Energy sector, saw a trading volume of around 8.78 million for the day, considerably lower average daily volume of 14.91 million observed over the last three months.
Petroleo Brasileiro S.A. Petrobras ADR’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $17.10 on 02/27/24, and the lowest price during the same period was recorded at $12.54 on 12/27/24.
How Financial Performance Impacts Market Capitalization
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has experienced a quarterly decline of -7.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.31B 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 14.17, with a change in price of -1.76. Similarly, Petroleo Brasileiro S.A. Petrobras ADR recorded 15,421,060 in trading volume during the last 100 days, posting a change of -11.52%.
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 0.82. Similarly, the long-term debt-to-equity ratio is also 0.66.
PBR Stock Stochastic Average
As of today, the raw stochastic average of Petroleo Brasileiro S.A. Petrobras ADR over the past 50 days is 38.04%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 45.97%. Additionally, the Stochastic %K and %D values for the company were 42.54% and 41.04%, respectively, over the past 20 days.
PBR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 5.13%.However, over the last six months, we can see a stronger performance of -7.87%. Over the last 30 days, the price of PBR has leaped by -3.93%. And in the last five days, it has surged by 3.84%.
