PETROLEO BRASIL/S (NYSE:PBR.A) Share Price Crosses Above 50-Day Moving Average of $12.80
PETROLEO BRASIL/S (NYSE:PBR.A) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.80 and traded as high as $13.34. PETROLEO BRASIL/S shares last traded at $13.30, with a volume of 322,202 shares trading hands.
The firm has a market cap of $85.70 billion, a PE ratio of 9.00 and a beta of 1.55. The company has a current ratio of 1.31, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11. The firm’s 50 day simple moving average is $12.80 and its 200 day simple moving average is $13.72.
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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