Now that Petroleo Brasileiro S.A. Petrobras ADR’s volume has hit 9.16 million, investors get a glimpse of its size.

A new trading day began on Monday, with Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) stock price up 0.47% from the previous day of trading, before settling in for the closing price of $17.19. PBR’s price has ranged from $9.10 to $17.76 over the past 52 weeks.

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A company in the Energy sector has jumped its sales by 16.55% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -30.61%. With a float of $3.72 billion, this company’s outstanding shares have now reached $3.72 billion.

In an organization with Nov 22 2023 employees, it is important to assess its efficiency.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Integrated Industry. The insider ownership of Petroleo Brasileiro S.A. Petrobras ADR is 0.00%, while institutional ownership is 20.39%.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) Performance Highlights and Predictions

In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.86 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -30.61% per share during the next fiscal year.

Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) Trading Performance Indicators

Here are Petroleo Brasileiro S.A. Petrobras ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 2.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.12, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 3.47 in one year’s time.

Technical Analysis of Petroleo Brasileiro S.A. Petrobras ADR (PBR)

Let’s dig in a bit further. During the last 5-days, its volume was 11.84 million. That was inferior than the volume of 14.03 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.37%. Additionally, its Average True Range was 0.39.

During the past 100 days, Petroleo Brasileiro S.A. Petrobras ADR’s (PBR) raw stochastic average was set at 88.31%, which indicates a significant increase from 74.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.79% in the past 14 days, which was lower than the 29.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.00, while its 200-day Moving Average is $14.49. However, in the short run, Petroleo Brasileiro S.A. Petrobras ADR’s stock first resistance to watch stands at $17.49. Second resistance stands at $17.70. The third major resistance level sits at $17.84. If the price goes on to break the first support level at $17.13, it is likely to go to the next support level at $16.99. Assuming the price breaks the second support level, the third support level stands at $16.78.

Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) Key Stats

With a market capitalization of 64.26 billion, the company has a total of 6,522,100K Shares Outstanding. Currently, annual sales are 124,474 M while annual income is 36,623 M. The company’s previous quarter sales were 25,552 M while its latest quarter income was 5,456 M.