The stock of Petroleo Brasileiro S.A. Petrobras ADR (PBR) has seen a -6.32% decrease in the past week, with a -7.47% drop in the past month, and a -20.39% decrease in the past quarter. The volatility ratio for the week is 2.24%, and the volatility levels for the past 30 days are at 1.93% for PBR. The simple moving average for the past 20 days is -8.11% for PBR’s stock, with a -11.66% simple moving average for the past 200 days.
Is It Worth Investing in Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) Right Now?
Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) has a price-to-earnings ratio of 3.95x that is above its average ratio. Additionally, the 36-month beta value for PBR is 1.45. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 2 rating it as “sell.”
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The public float for PBR is 3.72B and currently, short sellers hold a 0.69% ratio of that float. The average trading volume of PBR on August 02, 2024 was 17.32M shares.
PBR) stock’s latest price update
Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) has experienced a decline in its stock price by -2.97 compared to its previous closing price of 13.97. However, the company has seen a fall of -6.32% in its stock price over the last five trading days. proactiveinvestors.com reported 2024-08-02 that Yet another major oil and gas player wants in on Namibia’s Orange Basin: Brazil’s Petrobras (NYSE:PBR). It was revealed last week that state-owned Petrobras had made a non-binding offer to purchase a major stake in Galp Energia’s Mopane oil and gas field, offshore Namibia.
Analysts’ Opinion of PBR
HSBC Securities gave a rating of “Buy” to PBR, setting the target price at $18 in the report published on March 25th of the current year.
PBR Trading at -7.06% 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 -22.84% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares sank -8.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.79% lower at present.
During the last 5 trading sessions, PBR fell by -6.36%, which changed the moving average for the period of 200-days by -14.19% in comparison to the 20-day moving average, which settled at $14.69. In addition, Petroleo Brasileiro S.A. Petrobras ADR saw -13.46% 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:
- 0.38 for the present operating margin
- 0.51 for the gross margin
The net margin for Petroleo Brasileiro S.A. Petrobras ADR stands at 0.22. The total capital return value is set at 0.21. Equity return is now at value 27.77, with 10.99 for asset returns.
Based on Petroleo Brasileiro S.A. Petrobras ADR (PBR), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 1.17. The debt to equity ratio resting at 0.43. The interest coverage ratio of the stock is 5.46.
Currently, EBITDA for the company is 52.73 billion with net debt to EBITDA at 1.11. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 15.13for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
In conclusion, Petroleo Brasileiro S.A. Petrobras ADR (PBR) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
