PBR’s Stock Market Labyrinth: Navigating 2023’s Gains and Declines

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. The index has shown a price loss of -1.65% this year. Over the last six months, there has been a stronger performance of -0.44%. The price of PBR fallen by 10.89% during the last 30 days period. For the last 5-days stocks have improved 2.10%.

Petroleo Brasileiro S.A. Petrobras ADR’s stock has seen a smooth market performance.

52-week price history of PBR Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Petroleo Brasileiro S.A. Petrobras ADR’s current trading price is -14.43% away from its 52-week high, while its distance from the 52-week low is 19.71%. The stock’s price range over this timeframe has been between $10.83 and $15.15. The shares of the Energy sector company recorded a trading volume of approximately 18.72 million for the day, which was comparatively lower than the average daily volume of 25.58 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Petroleo Brasileiro S.A. Petrobras ADR (PBR) has experienced a quarterly decline of -6.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.25B and boasts a workforce of 49185 employees.

How Moving Averages and Trading Volume Data Work Together

PBR’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for PBR stands at 0.94. Similarly, the long-term debt-to-equity ratio is also 0.77.

Most Popular

Invest Chronicle
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.