Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) is -10.26% 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 $11.72 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $11.54, the stock is -2.16% and -5.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.14 million and changing -1.54% at the moment leaves the stock -14.46% off its SMA200. PBR registered -20.91% loss for a year compared to 6-month loss of -20.48%. The firm has a 50-day simple moving average (SMA 50) of $12.2606 and a 200-day simple moving average (SMA200) of $13.62455.
The stock witnessed a 2.21% gain in the last 1 month and extending the period to 3 months gives it a -13.56%, and is -2.29% 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 1.12% over the week and 1.50% over the month.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) has around 49185 employees, a market worth around $42.94B and $88.65B in sales. Current P/E ratio is 8.78 and Fwd P/E is 4.78. Profit margin for the company is 9.56%. Distance from 52-week low is 4.60% and -25.23% from its 52-week high. The company has generated returns on investments over the last 12 months (6.94%).
with sales reaching $113.09B over the same period.The EPS is expected to grow by 439.05% this year, but quarterly earnings will post -11.35% year-over-year. Quarterly sales are estimated to shrink -7.50% in year-over-year returns.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) Top Institutional Holders
653.0 institutions hold shares in Petroleo Brasileiro S.A. Petrobras ADR (PBR), with institutional investors hold 19.70% of the company’s shares. The shares outstanding are 3.72B, and float is at 3.72B with Short Float at 0.60%. Institutions hold 19.70% 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 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 MORGAN STANLEY holds 0.2567 of the shares totaling 16.55 million with a market value of $239.86 million.
Petroleo Brasileiro S.A. Petrobras ADR (PBR) Insider Activity
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