PETROLEO BRASIL/S (NYSE:PBR.A) Trading Down 5.6%

PETROLEO BRASIL/S (NYSE:PBR.A)’s share price traded down 5.6% during trading on Wednesday . The stock traded as low as $12.23 and last traded at $12.25, 5,420,306 shares were traded during mid-day trading. A decline of 24% from the average session volume of 7,135,740 shares. The stock had previously closed at $12.98.

The company’s 50-day moving average price is $14.08. The firm has a market cap of $86.87 billion, a price-to-earnings ratio of 11.39 and a beta of 1.60. The company has a quick ratio of 1.06, a current ratio of 1.31 and a debt-to-equity ratio of 1.11.

PETROLEO BRASIL/S Company Profile (NYSE:PBR.A)

Petróleo Brasileiro SA – Petrobras operates in the oil, natural gas, and energy industries in Brazil and internationally. It engages in prospecting, drilling, refining, processing, trading, and transporting crude oil from producing onshore and offshore oil fields and shale or other rocks, as well as oil products, natural gas, and other liquid hydrocarbons.

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