Early Morning Activity Shows Petroleo Brasileiro SA Petrobras (PBR) Down

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Petroleo Brasileiro SA Petrobras ( PBR) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Petroleo Brasileiro SA Petrobras as such a stock due to the following factors:

  • PBR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $503.2 million.
  • PBR traded 34,181 shares today in the pre-market hours as of 7:53 AM.
  • PBR is down 6.1% today from yesterday's close.

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More details on PBR:

Petroleo Brasileiro S.A. - Petrobras operates as an integrated oil and gas company in Brazil and internationally. The stock currently has a dividend yield of 0.7%. PBR has a PE ratio of 9.4. Currently there are 3 analysts that rate Petroleo Brasileiro SA Petrobras a buy, no analysts rate it a sell, and 6 rate it a hold.

The average volume for Petroleo Brasileiro SA Petrobras has been 27.5 million shares per day over the past 30 days. Petroleo Brasileiro SA Petrobras has a market cap of $104.6 billion and is part of the basic materials sector and energy industry. Shares are up 12.9% year-to-date as of the close of trading on Thursday.

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