In Tuesday’s Wall Street session, Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) shares traded at $14.46, up 0.84% from the previous session.
PBR stock price is now 4.26% away from the 50-day moving average and 3.74% away from the 200-day moving average. The market capitalization of the company currently stands at $53.81B.
With the price target maintained at $15, HSBC Securities recently Upgraded its rating from Hold to Buy for Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR). , while ‘JP Morgan’ rates the stock as ‘Overweight’
A total of 0.01% of the company’s stock is owned by insiders.
During the past 12 months, Petroleo Brasileiro S.A. Petrobras ADR has had a low of $12.45 and a high of $16.66. As of last week, the company has a debt-to-equity ratio of 1.02, a current ratio of 0.69, and a quick ratio of 0.48. According to the stock market information, the enterprise value for the company is $514695069696, which is based on a 12.89 price-to-earnings ratio, a 0.16 price-to-earnings-growth ratio, and a beta of 1.02. The fifty day moving average price for PBR is $13.8686 and a two-hundred day moving average price translates $14.15585 for the stock.
The latest earnings results from Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) was released for 2024-12-31. The net profit margin was 7.92% and return on equity was 10.52% for PBR. The company reported revenue of $23.37 billion for the quarter, compared to $25.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.56 percent.
