Petroleo Brasileiro SA Petrobras Stock Hits New 52-Week Low (PBR)

NEW YORK ( TheStreet) -- Petroleo Brasileiro SA Petrobras (NYSE: PBR) hit a new 52-week low Monday as it is currently trading at $18.03, below its previous 52-week low of $18.16 with 8.9 million shares traded as of 10:40 a.m. ET. Average volume has been 14.9 million shares over the past 30 days.

Petroleo Brasileiro SA Petrobras has a market cap of $127.58 billion and is part of the basic materials sector and energy industry. Shares are down 20.6% year to date as of the close of trading on Friday.

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 6.4, below the average energy industry P/E ratio of 6.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. 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 deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Petroleo Brasileiro SA Petrobras Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

U.S. Crude Oil Hits Fresh 3-Year Highs as Gas Prices March to $3 a Gallon

Video: When Planning for Retirement, Don't Underestimate Your Life Span

Video: When Planning for Retirement, Don't Underestimate Your Life Span