Petroleo Brasileiro S.A. Petrobras ADR (PBR) is destined for greater heights as its last quarter sales were 23,467 M

On Tuesday, Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) opened lower -0.57% from the last session, before settling in for the closing price of $13.96. Price fluctuations for PBR have ranged from $12.77 to $17.40 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 9.75%. Company’s average yearly earnings per share was noted -34.60% at the time writing. With a float of $3.72 billion, this company’s outstanding shares have now reached $3.72 billion.

The extent of productivity of a business whose workforce counts for 46730 workers is very important to gauge. In terms of profitability, gross margin is 50.46%, operating margin of 35.96%, and the pretax margin is 22.81%.

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

A key investor’s attitude towards the stock of the Oil & Gas Integrated industry is another important factor to consider. The insider ownership of Petroleo Brasileiro S.A. Petrobras ADR is 0.02%, while institutional ownership is 18.79%.

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

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.86 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.94) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -34.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.31% during the next five years compared to 28.80% growth over the previous five years of trading.

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

Check out the current performance indicators for Petroleo Brasileiro S.A. Petrobras ADR (PBR). In the past quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.52. Likewise, its price to free cash flow for the trailing twelve months is 1.90.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.47, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 3.01 in one year’s time.

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

The latest stats from [Petroleo Brasileiro S.A. Petrobras ADR, PBR] show that its last 5-days average volume of 11.22 million was inferior to 17.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.76%. Additionally, its Average True Range was 0.30.

During the past 100 days, Petroleo Brasileiro S.A. Petrobras ADR’s (PBR) raw stochastic average was set at 34.63%, which indicates a significant increase from 4.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.11% in the past 14 days, which was lower than the 27.18% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $14.79, while its 200-day Moving Average is $15.41. Now, the first resistance to watch is $13.99. This is followed by the second major resistance level at $14.10. The third major resistance level sits at $14.19. If the price goes on to break the first support level at $13.79, it is likely to go to the next support level at $13.70. Assuming the price breaks the second support level, the third support level stands at $13.59.

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

There are currently 6,522,100K shares outstanding in the company with a market cap of 51.65 billion. Presently, the company’s annual sales total 102,409 M according to its annual income of 24,884 M. Last quarter, the company’s sales amounted to 23,467 M and its income totaled -344,000 K.