Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is 0.86% higher on its value in year-to-date trading and has touched a low of $12.77 and a high of $17.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PBR stock was last observed hovering at around $14.40 in the last trading session, with the day’s gains setting it 1.25%.
Currently trading at $15.65, the stock is 9.74% and 9.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 48.5 million and changing 8.68% at the moment leaves the stock 3.23% off its SMA200. PBR registered 14.42% gain for a year compared to 6-month loss of -8.74%.
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The stock witnessed a 9.29% gain in the last 1 month and extending the period to 3 months gives it a 8.39%, and is 3.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.46% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 46730 employees, a market worth around $58.24B and $99.88B in sales. Current P/E ratio is 6.35 and Fwd P/E is 4.87. Profit margin for the company is 16.02%. Distance from 52-week low is 22.59% and -10.06% from its 52-week high. The company has generated returns on investments over the last 12 months (13.93%).
with sales reaching $22.69B over the same period.The EPS is expected to shrink by -25.37% this year, but quarterly earnings will post -7.30% year-over-year. Quarterly sales are estimated to shrink -11.20% in year-over-year returns.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) Top Institutional Holders
The shares outstanding are 3.72B, and float is at 3.72B with Short Float at 0.68%.
The top institutional shareholder in the company is GQG PARTNERS LLC with over 212.12 million shares valued at $3.07 billion. The investor’s holdings represent 3.2836% of the PBR Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 41.65 million shares valued at $603.56 million to account for 0.6448 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 36.14 million shares representing 0.5595% and valued at over $523.71 million, while SCHRODER INVESTMENT MANAGEMENT GROUP holds 0.4773 of the shares totaling 30.83 million with a market value of $446.79 million.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) Insider Activity
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