Petroleo Brasileiro SA Petrobras Stock Falls On Unusually High Volume (PBR.A)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Petroleo Brasileiro SA Petrobras (NYSE: PBR.A) is trading at unusually high volume Wednesday with 17.9 million shares changing hands. It is currently at 2.1 times its average daily volume and trading down 87 cents (-4.5%) at $18.35 as of 4 p.m. ET.

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Petroleo Brasileiro SA Petrobras has a market cap of $126.01 billion and is part of the basic materials sector and energy industry. Shares are up 0.1% year to date as of the close of trading on Tuesday.

Petroleo Brasileiro S.A. operates as an integrated oil and gas company in Brazil and internationally. The company has a P/E ratio of 7.1, 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 attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Petroleo Brasileiro SA Petrobras Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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