Petroleo Brasileiro S.A. Petrobras ADR (PBR) 14-day ATR is 0.46: This Stock is Set to Soar Above its Peers

Witnessing the stock’s movement on the chart, on Wednesday, Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) set off with pace as it heaved 1.76% to $16.16, before settling in for the price of $15.88 at the close. Taking a more long-term approach, PBR posted a 52-week range of $9.30-$17.91.

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In the past 5-years timespan, the Energy sector firm’s annual sales growth was 9.75%. Meanwhile, its Annual Earning per share during the time was 28.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -8.49%. This publicly-traded company’s shares outstanding now amounts to $3.72 billion, simultaneously with a float of $3.72 billion. The organization now has a market capitalization sitting at $60.13 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.19, while the 200-day Moving Average is $15.25.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Integrated industry. Petroleo Brasileiro S.A. Petrobras ADR’s current insider ownership accounts for 0.01%, in contrast to 20.73% institutional ownership.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $1.27 earnings per share (EPS) for the period topping the consensus outlook (set at $1.11) by $0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.91 per share during the current fiscal year.

Petroleo Brasileiro S.A. Petrobras ADR’s EPS decrease for this current 12-month fiscal period is -8.49% and is forecasted to reach 3.14 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -8.80% through the next 5 years, which can be compared against the 28.80% growth it accomplished over the previous five years trading on the market.

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

Let’s observe the current performance indicators for Petroleo Brasileiro S.A. Petrobras ADR (PBR). It’s Quick Ratio in the last reported quarter now stands at 0.73. The Stock has managed to achieve an average true range (ATR) of 0.46. Alongside those numbers, its PE Ratio stands at $4.23, and its Beta score is 1.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.59. Similarly, its price to free cash flow for trailing twelve months is now 2.06.

In the same vein, PBR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.82, a figure that is expected to reach 0.92 in the next quarter, and analysts are predicting that it will be 3.14 at the market close of one year from today.

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

Going through the that latest performance of [Petroleo Brasileiro S.A. Petrobras ADR, PBR]. Its last 5-days volume of 28.58 million indicated improvement to the volume of 19.42 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 76.39% While, its Average True Range was 0.45.

Raw Stochastic average of Petroleo Brasileiro S.A. Petrobras ADR (PBR) in the period of the previous 100 days is set at 52.70%, which indicates a major fall in contrast to 93.82% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.14% that was lower than 33.18% volatility it exhibited in the past 100-days period.