A major move is in the offing as Petroleo Brasileiro S.A. Petrobras ADR (PBR) market cap hits 43.31 billion

Steve Mayer

Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) on Friday, soared 0.69% from the previous trading day, before settling in for the closing price of $11.56. Within the past 52 weeks, PBR’s price has moved between $10.68 and $14.50.

During the last 5-year period, the sales drop of Energy Sector giant was -2.65%. The company achieved an average annual earnings per share of 463.37%. With a float of $3.72 billion, this company’s outstanding shares have now reached $3.72 billion.

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

Observing investor behavior towards Oil & Gas Integrated industry stocks is more important than anything else. The insider ownership of Petroleo Brasileiro S.A. Petrobras ADR is 0.00%, while institutional ownership is 17.84%.

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

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.9 earnings per share (EPS) for the period topping the consensus outlook (set at 0.74) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 463.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 76.20% during the next five years compared to -2.65% drop over the previous five years of trading.

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

Petroleo Brasileiro S.A. Petrobras ADR (PBR) is currently performing well based on its current performance indicators. A quick ratio of 0.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 2.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.12, a number that is poised to hit 0.62 in the next quarter and is forecasted to reach 2.37 in one year’s time.

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

Looking closely at Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR), its last 5-days average volume was 22.5 million, which is a jump from its year-to-date volume of 21.29 million. As of the previous 9 days, the stock’s Stochastic %D was 9.90%.

During the past 100 days, Petroleo Brasileiro S.A. Petrobras ADR’s (PBR) raw stochastic average was set at 24.64%, which indicates a significant increase from 10.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.25 in the past 14 days, which was lower than the 0.27 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.35, while its 200-day Moving Average is $12.71. However, in the short run, Petroleo Brasileiro S.A. Petrobras ADR’s stock first resistance to watch stands at $11.77. Second resistance stands at $11.91. The third major resistance level sits at $12.04. If the price goes on to break the first support level at $11.50, it is likely to go to the next support level at $11.37. Should the price break the second support level, the third support level stands at $11.23.

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

Market capitalization of the company is 43.31 billion based on 6,444,366K outstanding shares. Right now, sales total 91,416 M and income totals 7,528 M. The company made 21,037 M in profit during its latest quarter, and 4,734 M in sales during its previous quarter.

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