Petrobras Argentina (PZE) Earning Somewhat Favorable News Coverage, Study Shows
Media headlines about Petrobras Argentina (NYSE:PZE) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Petrobras Argentina earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 45.9179326770113 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Separately, BidaskClub upgraded shares of Petrobras Argentina from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th.
Petrobras Argentina (NYSE:PZE) opened at 13.26 on Wednesday. Petrobras Argentina has a 1-year low of $4.66 and a 1-year high of $13.47. The stock’s 50 day moving average is $12.45 and its 200-day moving average is $12.01. The company’s market capitalization is $2.68 billion.
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Petrobras Argentina Company Profile
Petrobras Argentina SA, formerly Petrobras Energia SA, is an Argentina-based company primarily engaged in the petroleum refining sector. The Company’s activities are structured in four business segments: Oil and Gas Exploration and Production, including the acquisition, exploration, exploitation and maintenance of oil and gas reserves; Refining and Distribution, processing and marketing of petroleum products; Petrochemicals, comprising the production of styrene, polystyrene, bi-oriented polystyrene (BOPS) and synthetic rubber; as well as Gas and Energy, providing gas distribution, as well as fossil fuel and hydroelectric power energy generation.
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