The Futility of Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR)’s Fundamentals

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) has a beta of 2.01. The stock’s Relative Strength Index (RSI) is 24.50, with weekly volatility at 3.90% and ATR at 0.59. The PBR stock’s 52-week price range has touched low of $4.01 and a $14.93 high. Its shares traded lower over the last trading session, losing -21.00% on 02/22/21. The shares fell to a low of $7.77 before closing at $7.94. Intraday shares traded counted 207.14 million, which was -744.79% lower than its 30-day average trading volume of 24.52M. PBR’s previous close was $10.05 while the outstanding shares total 6.52B.

Investors have identified the Oil & Gas Integrated company Petroleo Brasileiro S.A. – Petrobras as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $55.76 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Petroleo Brasileiro S.A. – Petrobras (PBR) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 26.89 billion total, with 24.95 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 0.72 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PBR sounds very interesting.

Is the stock of PBR attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 39.80%.

5 out of 12 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Petroleo Brasileiro S.A. – Petrobras. 3 analysts has assigned a Sell rating on the PBR stock. The 12-month mean consensus price target for the company’s shares has been set at $15.09.

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