Trade-Ideas: Petroleo Brasileiro SA Petrobras (PBR) Is Today's Pre-Market Leader Stock

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.

Trade-Ideas LLC identified Petroleo Brasileiro SA Petrobras ( PBR) as a pre-market leader 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 $288.4 million.
  • PBR traded 40,529 shares today in the pre-market hours as of 9:01 AM.
  • PBR is up 2.2% today from Friday's close.

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More details on PBR:

Petroleo Brasileiro S.A. - Petrobras operates as an integrated energy company in Brazil and internationally. PBR has a PE ratio of 5. Currently there are 2 analysts that rate Petroleo Brasileiro SA Petrobras a buy, 1 analyst rates it a sell, and 4 rate it a hold.

The average volume for Petroleo Brasileiro SA Petrobras has been 46.0 million shares per day over the past 30 days. Petroleo Brasileiro SA Petrobras has a market cap of $56.4 billion and is part of the basic materials sector and energy industry. Shares are up 14.4% year-to-date as of the close of trading on Friday.

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