Petroleo Brasileiro S.A.- Petrobras (PBR) : During the past 4 weeks, traders have been relatively bearish on Petroleo Brasileiro S.A.- Petrobras (PBR), hence the stock is down -1.51% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.82% relative to the S&P 500. The 4-week change in the price of the stock is -3.5% and the stock has fallen -4.31% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 3.88%.The 200 Day SMA reached 48% Petroleo Brasileiro S.A. – Petrobras is up 37.46% in the last 3-month period. Year-to-Date the stock performance stands at 111.63%.
Petroleo Brasileiro S.A.- Petrobras (PBR) : 7 Wall Street analysts covering Petroleo Brasileiro S.A.- Petrobras (PBR) believe that the average level the stock could reach for the short term is $10.74. The maximum price target given is $17 and the minimum target for short term is around $9, hence the standard deviation is calculated at $2.81.
Company shares have received an average consensus rating of Hold for the current week Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR): stock was range-bound between the intraday low of $9.04 and the intraday high of $9.235 after having opened at $9.1 on Fridays session. The stock finally closed in the red at $9.1, a loss of -1.83%. The stock remained in the red for the whole trading day. The total traded volume was 20,729,339 shares. The stock failed to cross $9.235 in Fridays trading. The stocks closing price on Thursday was $9.1.
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.