Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is -6.53% lower on its value in year-to-date trading and has touched a low of $11.03 and a high of $15.43 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 $12.05 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $12.02, the stock is 3.44% and -3.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.99 million and changing -0.25% at the moment leaves the stock -11.42% off its SMA200. PBR registered -24.73% loss for a year compared to 6-month loss of -10.71%.
The stock witnessed a 7.13% gain in the last 1 month and extending the period to 3 months gives it a -16.06%, and is 1.86% 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 2.10% over the week and 2.50% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 49185 employees, a market worth around $44.73B and $88.65B in sales. Current P/E ratio is 9.14 and Fwd P/E is 4.74. Profit margin for the company is 9.56%. Distance from 52-week low is 8.95% and -22.12% from its 52-week high. The company has generated returns on investments over the last 12 months (6.94%).
The EPS is expected to grow by 443.65% 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 0.63%.
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 BAILLIE GIFFORD & CO with 41.65 million shares valued at $603.56 million to account for 0.323 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 36.14 million shares representing 0.2802% and valued at over $523.71 million, while SCHRODER INVESTMENT MANAGEMENT GROUP holds 0.2391 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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