Large Outflow of Money Witnessed in Petroleo Brasileiro S.A.- Petrobras

Petroleo Brasileiro S.A.- Petrobras (PBR) : The total money flow in Petroleo Brasileiro S.A.- Petrobras (PBR) was negative ($6.5 million), which signals selling by the traders on Mondays session. They trimmed their holdings by selling the stock on downticks to the tune of $22.44 million. In comparison, the inflow of money into the stock on upticks was $15.94 million. The uptick to downtick ratio was 0.71. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $9.28 million. The value of transactions on uptick was $3.35 million. The negative money flow of ($5.93 million) confirms the selling in Petroleo Brasileiro S.A.- Petrobras (PBR) on strength. The uptick to downtick ratio of block trades was 0.36. Petroleo Brasileiro S.A.- Petrobras (PBR) gained $0.26 at $8.39, a gain of 3.2% over the previous days close. However, the stock registered 12.32% in the week.


Petroleo Brasileiro S.A. – Petrobras is up 29.08% in the last 3-month period. Year-to-Date the stock performance stands at 95.12%. Shares of Petroleo Brasileiro S.A. – Petrobras rose by 7.98% in the last five trading days and 34.89% for the last 4 weeks.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR): stock turned positive on Monday. Though the stock opened at $8.08, the bulls momentum made the stock top out at $8.45 level for the day. The stock recorded a low of $8.02 and closed the trading day at $8.39, in the green by 3.20%. The total traded volume for the day was 19,609,560. The stock had closed at $8.13 in the previous days trading.

Petroleo Brasileiro SA Petrobras is a Brazil-based integrated energy company. The Company operates in the Exploration and Production (E&P); Refining, Transportation and Marketing (RTM); Gas and Power; Biofuels; Distribution, and International segments. E&P includes exploration, development and production of crude oil, natural gas liquid and natural gas in Brazil. RTM covers the refining, logistics, transport and trading of crude oil and oil products activities, export of ethanol, extraction and processing of shale, and interests in petrochemical companies in Brazil. The Gas and Power segment includes transportation and trading of natural gas produced in Brazil, among other activities. Biofuels segment covers the activities of production of biodiesel and its co-products, as well as the ethanol-related activities. The Distribution segment includes its retail network and wholesale channels. The International segment includes its activities in the Americas, Africa, Europe and Asia.

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