Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) closed at $17.05 in the last session, up 1.43% from day before closing price of $16.81. In other words, the price has increased by $1.43 from its previous closing price. On the day, 15.88 million shares were traded. PBR stock price reached its highest trading level at $17.17 during the session, while it also had its lowest trading level at $16.66.
Ratios:
We take a closer look at PBR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.73 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.65.
On March 11, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $20 to $18.
BofA Securities Downgraded its Buy to Neutral on March 08, 2024, while the target price for the stock was maintained at $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PBR now has a Market Capitalization of 110051606528 and an Enterprise Value of 450327347200. As of this moment, Petroleo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.46, and their Forward P/E ratio for the next fiscal year is 5.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 0.88 whereas that against EBITDA is 1.829.
Stock Price History:
Over the past 52 weeks, PBR has reached a high of $17.91, while it has fallen to a 52-week low of $9.30. The 50-Day Moving Average of the stock is 6.68%, while the 200-Day Moving Average is calculated to be 12.74%.
Shares Statistics:
According to the various share statistics, PBR traded on average about 21.42M shares per day over the past 3-months and 21279390 shares per day over the past 10 days. A total of 3.72B shares are outstanding, with a floating share count of 3.72B. Insiders hold about 0.01% of the company’s shares, while institutions hold 20.71% stake in the company. Shares short for PBR as of 1713139200 were 20165012 with a Short Ratio of 1.17, compared to 1710460800 on 23850424.
Dividends & Splits
The forward annual dividend rate for PBR is 0.69, which was 6.268 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.3728733The stock’s 5-year Average Dividend Yield is 17.72.
