Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR-A) is -11.74% lower on its value in year-to-date trading and has touched a low of $10.27 and a high of $15.61 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-A stock was last observed hovering at around $10.90 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $10.45, the stock is -2.89% and -11.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.89 million and changing -4.13% at the moment leaves the stock -16.65% off its SMA200. PBR-A registered -31.49% loss for a year compared to 6-month gain of -14.03%.
The stock witnessed a -18.04% loss in the last 1 month and extending the period to 3 months gives it a -18.87%, and is -2.79% 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 2.67% over the week and 4.10% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR-A) has around 49185 employees, a market worth around $27.65B and $91.37B in sales. Current P/E ratio is 9.32 and Fwd P/E is 4.13. Profit margin for the company is 7.92%. Distance from 52-week low is 1.70% and -33.07% 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 447.72% this year.
Petroleo Brasileiro S.A. Petrobras ADR (PBR-A) Top Institutional Holders
The shares outstanding are 2.72B, and float is at 2.65B with Short Float at 0.13%.
The top institutional shareholder in the company is ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. with over 25.77 million shares valued at $351.51 million. The investor’s holdings represent 0.3996% of the PBR-A Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 24.57 million shares valued at $335.17 million to account for 0.381 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 18.12 million shares representing 0.2809% and valued at over $247.09 million, while BANK OF AMERICA CORP /DE/ holds 0.2659 of the shares totaling 17.15 million with a market value of $233.91 million.
Petroleo Brasileiro S.A. Petrobras ADR (PBR-A) Insider Activity
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