NEW YORK (
) hit a new 52-week low Wednesday as it is currently trading at $19.21, below its previous 52-week low of $19.22 with 8.2 million shares traded as of 12:10 p.m. ET. Average volume has been 13.3 million shares over the past 30 days.
Petroleo Brasileiro SA Petrobras has a market cap of $134.81 billion and is part of the
industry. Shares are down 19.3% year to date as of the close of trading on Tuesday.
Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. The company has a P/E ratio of 6.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
or get investment ideas from our