Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is 8.09% higher on its value in year-to-date trading and has touched a low of $12.45 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 $13.43 in the last trading session, with the day’s gains setting it 0.47%.
Currently trading at $13.90, the stock is 2.04% and 1.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.86 million and changing 3.50% at the moment leaves the stock -0.36% off its SMA200. PBR registered -1.68% loss for a year compared to 6-month loss of -1.94%. The firm has a 50-day simple moving average (SMA 50) of $13.7066 and a 200-day simple moving average (SMA200) of $14.19875.
The stock witnessed a 1.39% gain in the last 1 month and extending the period to 3 months gives it a -3.02%, and is 8.76% 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 3.14% over the week and 2.72% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 49185 employees, a market worth around $51.72B and $91.37B in sales. Current P/E ratio is 12.40 and Fwd P/E is 4.77. Profit margin for the company is 7.92%. Distance from 52-week low is 11.65% and -16.60% from its 52-week high. The company has generated returns on investments over the last 12 months (6.67%).
with sales reaching $132.48B over the same period.The EPS is expected to grow by 519.21% this year, but quarterly earnings will post -3.71% year-over-year. Quarterly sales are estimated to grow 12.54% in year-over-year returns.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) Top Institutional Holders
670.0 institutions hold shares in Petroleo Brasileiro S.A. Petrobras ADR (PBR), with institutional investors hold 19.90% of the company’s shares. The shares outstanding are 3.72B, and float is at 3.72B with Short Float at 1.01%. Institutions hold 19.90% of the Float.
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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