
Petroleo Brasileiro SA Petrobras Stock Hits New 52-Week Low (PBR)
NEW YORK (
) --
Petroleo Brasileiro SA Petrobras
(NYSE:
) 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
sector and
industry. Shares are down 19.3% year to date as of the close of trading on Tuesday.
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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
Petroleo Brasileiro SA Petrobras Ratings Report
.
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