PETROLEO BRASIL/S (NYSE:PBR.A) Trading 6.3% Higher
PETROLEO BRASIL/S (NYSE:PBR.A)’s share price traded up 6.3% during mid-day trading on Wednesday . The company traded as high as $12.87 and last traded at $12.56, 12,498,092 shares traded hands during trading. An increase of 75% from the average session volume of 7,128,797 shares. The stock had previously closed at $11.82.
The stock has a market capitalization of $77.09 billion, a P/E ratio of 8.10 and a beta of 1.60. The business has a fifty day simple moving average of $13.69 and a 200-day simple moving average of $13.88. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.31.
About PETROLEO BRASIL/S (NYSE:PBR.A)
Petróleo Brasileiro SA – Petrobras operates in the oil, natural gas, and energy industries in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons.
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