Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) shares, rose in value, with the stock price down by -0.33% to the previous day’s close as strong demand from buyers drove the stock to $13.65.
Actively observing the price movement in the recent trading, the stock is buoying the session at $13.69, falling within a range of $13.49 and $13.69. The value of beta (5-year monthly) is 0.914 whereas the PE ratio is 5.37 over 12-month period. Referring to stock’s 52-week performance, its high was $17.10, and the low was $12.54. On the whole, PBR has fluctuated by 0.63% over the past month.
With the market capitalization of Petroleo Brasileiro S.A. Petrobras ADR currently standing at about $50.77 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.10, with its dividend yield at 15.43%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PBR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of PBR currently trading nearly -1.78% and 0.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.43, while the 7-day volatility ratio is showing 1.69% which for the 30-day chart, stands at 1.82%. Furthermore, Petroleo Brasileiro S.A. Petrobras ADR (PBR)’s beta value is 1.46, and its average true range (ATR) is 0.28.
A comparison of Petroleo Brasileiro S.A. Petrobras ADR (PBR) with its peers suggests the former has fared considerably weaker in the market. PBR showed an intraday change of -0.33% in today’s session so far, and over the past year, it shrunk by -17.26%%.
Data on historical trading for Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) indicates that the trading volumes over the past 10 days have averaged 14.1 and over the past 3 months, they’ve averaged 14.07 million. According to company’s latest data on outstanding shares, there are 3.72 billion shares outstanding.
Nearly 0.01% of Petroleo Brasileiro S.A. Petrobras ADR’s shares belong to company insiders and institutional investors own 18.78% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 33.15 million shares as on 2025-01-31, resulting in a short ratio of 2.88. According to the data, the short interest in Petroleo Brasileiro S.A. Petrobras ADR (PBR) stood at 187.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 31.41 million. The stock has risen by 6.10% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PBR stock heading into the next quarter.
