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

NEW YORK ( TheStreet) -- Petroleo Brasileiro SA Petrobras (NYSE: PBR.A) hit a new 52-week low Friday as it is currently trading at $13.42, below its previous 52-week low of $13.44 with 8.8 million shares traded as of 11:06 a.m. ET. Average volume has been 7.7 million shares over the past 30 days.

Petroleo Brasileiro SA Petrobras has a market cap of $89.81 billion and is part of the basic materials sector and energy industry. Shares are down 28% year to date as of the close of trading on Wednesday.

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally.

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TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Petroleo Brasileiro SA Petrobras Ratings Report.

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