Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is -7.14% 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 $14.58 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $14.41, the stock is -2.11% and -1.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.28 million and changing -1.17% at the moment leaves the stock -5.12% off its SMA200. PBR registered 2.86% gain for a year compared to 6-month gain of -2.57%. The firm has a 50-day simple moving average (SMA 50) of $14.6318 and a 200-day simple moving average (SMA200) of $15.5031.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -5.69% loss in the last 1 month and extending the period to 3 months gives it a 0.42%, and is -1.10% 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 1.43% over the week and 1.87% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 46730 employees, a market worth around $53.62B and $99.88B in sales. Current P/E ratio is 5.84 and Fwd P/E is 4.67. Profit margin for the company is 16.02%. Distance from 52-week low is 12.87% and -17.20% from its 52-week high. The company has generated returns on investments over the last 12 months (13.93%).
with sales reaching $22.54B over the same period.The EPS is expected to shrink by -33.42% this year, but quarterly earnings will post -10.00% year-over-year. Quarterly sales are estimated to shrink -11.80% 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 0.93%.
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
#####