Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) went down by -0.20% from its latest closing price compared to the recent 1-year high of $16.03. The companyâ€™s stock price has collected -10.87% of loss in the last five trading sessions. The Wall Street Journal reported on 07/22/22 that Brazilâ€™s Petrobras Disappoints Despite Worldâ€™s Thirst for Crude
Is It Worth Investing in Petroleo Brasileiro S.A. – Petrobras (NYSE :PBR) Right Now?
Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) scored a price-to-earnings ratio above its average ratio, recording 2.03 x from its present earnings ratio. Plus, the 36-month beta value for PBR is at 1.48. Opinions of the stock are interesting as 4 analysts out of 15 who provided ratings for Petroleo Brasileiro S.A. – Petrobras declared the stock was a â€śbuy,â€ť while 1 rated the stock as â€śoverweight,â€ť 10 rated it as â€śhold,â€ť and 0 as â€śsell.â€ť
The average price from analysts is $14.48, which is $6.24 above the current price. PBR currently public float of 4.20B and currently shorts hold a 0.87% ratio of that float. Today, the average trading volume of PBR was 38.28M shares.
PBRâ€™s Market Performance
PBR stocks went down by -10.87% for the week, with a monthly drop of -25.85% and a quarterly performance of -29.21%, while its annual performance rate touched 6.14%. The volatility ratio for the week stands at 3.79% while the volatility levels for the past 30 days are set at 4.31% for Petroleo Brasileiro S.A. – Petrobras. The simple moving average for the period of the last 20 days is -15.02% for PBR stocks with a simple moving average of -22.99% for the last 200 days.
Analystsâ€™ Opinion of PBR
Goldman, on the other hand, stated in their research note that they expect to see PBR reach a price target of $12.30, previously predicting the price at $13.60. The rating they have provided for PBR stocks is â€śNeutralâ€ť according to the report published on November 04th, 2022.
JP Morgan gave a rating of â€śNeutralâ€ť to PBR, setting the target price at $14 in the report published on October 31st of the current year.
PBR Trading at -21.15% from the 50-Day Moving Average
After a stumble in the market that brought PBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.75% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares sank -25.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.44% lower at present.
During the last 5 trading sessions, PBR fell by -12.44%, which changed the moving average for the period of 200-days by -23.76% in comparison to the 20-day moving average, which settled at $11.97. In addition, Petroleo Brasileiro S.A. – Petrobras saw -3.98% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PBR
Current profitability levels for the company are sitting at:
- +37.80 for the present operating margin
- +45.96 for the gross margin
The net margin for Petroleo Brasileiro S.A. – Petrobras stands at +23.56. Equity return is now at value 44.00, with 18.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.25.