Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is -6.10% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PBR stock was last observed hovering at around $14.40 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $14.57, the stock is -2.01% and -0.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.18 million and changing 1.18% at the moment leaves the stock -3.98% off its SMA200. PBR registered 3.04% gain for a year compared to 6-month gain of 2.08%.
The stock witnessed a 0.63% loss in the last 1 month and extending the period to 3 months gives it a 2.67%, and is -1.42% down 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 1.58% over the week and 2.18% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 46730 employees, a market worth around $54.22B and $99.88B in sales. Current P/E ratio is 5.91 and Fwd P/E is 4.70. Profit margin for the company is 16.02%. Distance from 52-week low is 14.13% and -16.27% from its 52-week high. The company has generated returns on investments over the last 12 months (13.93%).
The EPS is expected to shrink by -29.99% this year.
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 0.70%.
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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