Home  »  Finance   »  Petroleo Brasileiro S.A. – Petrobras (NYSE: ...

Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR-A) Is A Buzzing Hot Stock

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR-A) traded at $11.98 at close of the session on Wednesday, September 21, made a downward move of -0.75% on its previous day’s price.

Looking at the stock we see that its previous close was $12.07 and the beta (5Y monthly) reads 1.37. The company has a trailing 12-month PE ratio of 2.54. In terms of its 52-week price range, PBR-A has a high of $14.70 and a low of $8.46. The company’s stock has lost about -1.39% over that past 30 days.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.

Sponsored

Petroleo Brasileiro S.A. – Petrobras has a market cap of $84.18 billion. With its Forward Dividend at 6.30 and a yield of 52.19%, the company’s investors could be anxious for the PBR-A stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $1.05, with the EPS growth for the year raised at $4.72 for 2022 and $4.27 for next year. These figures represent 98.30% and -9.50% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $30.57 billion, with a low of $29.3 billion and a high of $31.5 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $113.06 billion, or 34.60% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term.

Looking further, we note the current price level is -4.30% off its SMA20 and -2.12% from its 50-day simple moving average. The RSI (14) is pointing at 44.70 while the volatility over the past week is 2.92% and jumps to 3.67% over the past one month.

Coming back to Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR-A), we note that the average 3-month trading volume was 14.22 million, while that of the preceding 10-day period stands at 11.51 million. Current shares outstanding are 2.80 billion.

The institutions hold 7.59%. The data shows that short shares as of Jul 14, 2022, stood at 4.83 million at a short ratio of 0.33. This represents a 0.07% short interest in shares outstanding on Jul 14, 2022. Shares short fall in July from the previous month at 14.49 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 22.16% up in year-to-date price movement.

Leave a Comment

Your email address will not be published.

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]