Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is 2.18% higher on its value in year-to-date trading and has touched a low of $12.54 and a high of $16.67 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 $13.35 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $13.14, the stock is -6.83% and -3.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.6 million and changing -1.57% at the moment leaves the stock -6.36% off its SMA200. PBR registered -17.67% loss for a year compared to 6-month loss of -14.20%.
The stock witnessed a -7.01% gain in the last 1 month and extending the period to 3 months gives it a -8.76%, and is -9.69% 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 3.41% over the week and 2.25% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 49185 employees, a market worth around $48.89B and $91.37B in sales. Current P/E ratio is 11.72 and Fwd P/E is 4.40. Profit margin for the company is 7.92%. Distance from 52-week low is 4.82% and -21.16% from its 52-week high. The company has generated returns on investments over the last 12 months (6.67%).
The EPS is expected to grow by 524.04% 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 1.01%.
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 1.6446% of the PBR Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 25.67 million shares valued at $371.98 million to account for 0.3974 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 41.65 million shares representing 0.323% and valued at over $603.56 million, while BANK OF AMERICA CORP /DE/ holds 0.2946 of the shares totaling 19.03 million with a market value of $275.71 million.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) Insider Activity
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Petroleo Brasileiro S.A. Petrobras ADR (PBR): Who are the competitors?
The company’s main competitors (and peers) include YPF S.A. ADR (YPF) that is trading 83.27% up over the past 12 months. TotalEnergies SE ADR (TTE) that is -7.00% lower over the same period.
