Petroleo Brasileiro S.A. – Petrobras (PBR) has seen some recent action in the market and its shares closed at $6.86 yesterday. Investors are starting to take interest of PBR as the shares traded as high as $6.88 and as low as $6.48 in the last market trading day.

Petroleo Brasileiro S.A. – Petrobras (PBR) average trading volume is 37.38M. However, in the last market trading day Petroleo Brasileiro S.A. – Petrobras (PBR) traded 26,578,042 shares. The first downside support level on PBR is $6.43 and the first upside resistance level on PBR is $16.16. PBR 50day moving average is $6.16 and PBR 200day moving average is $12.12.

Petroleo Brasileiro S.A. – Petrobras (PBR) most current performance has been specified by the recent movement in PBR shares. PBR has performed 0.73% over the past month, PBR has performed -52.95% over the past 3 months and PBR has shown -52.78% over the past 12 months. Petroleo Brasileiro S.A. – Petrobras (PBR) has a 52 week range of $4.01 to $16.95. Petroleo Brasileiro S.A. – Petrobras (PBR) is trading 71.07% from its 52 week low and -59.01% from its 52 week high. Petroleo Brasileiro S.A. – Petrobras (PBR) is showing a 1.01% short float showing the quantity short in the float.

PBR has 5.85B shares outstanding and 4.19B shares in the float. Petroleo Brasileiro S.A. – Petrobras (PBR) presently has a market cap of $40.11B and income of $5.15B. The EPS next quarter for PBR is 0.06 and forecasted EPS net year is 417.60%. The market cap of Petroleo Brasileiro S.A. – Petrobras (PBR) at $40.11B signifies how many Investors own shares of PBR and is based off the last price ($6.86) of PBR and the quantity of shares outstanding (5.85B) with Petroleo Brasileiro S.A. – Petrobras (PBR).

PBR is trading 6.55% above (bullish) its SMA20, -0.54% below (bearish) its SMA50 and -46.34% below (bearish) its SMA200.

Recent News:

In recent news, on September 16, 2019, it was announced, Petrobras Announces Expiration And Expiration Date Results Of Its Private Exchange Offers For Seven Series Of Notes. In this news it stated, Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (PBR) today announced the expiration and expiration date results of the previously announced offers to exchange (the “Exchange Offers”), by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), relating to seven series of its outstanding notes set forth in the tables below (the “Old Notes”).

About Petroleo Brasileiro S.A. – Petrobras (PBR):

Headquartered in Rio de Janeiro, Petroleo Brasileiro S.A., or Petrobras S.A., is the largest integrated energy firm in Brazil and one of the largest in Latin America. The company’s activities include: exploration, exploitation and production of oil from reservoir wells, shale and other rocks, as well as refining, processing, trading and transportation of oil and oil products, natural gas and other fluid hydrocarbons, in addition to other energy-related activities. The company operates in five segments: