Petroleo Brasileiro S.A. Petrobras ADR (NYSE: PBR) Recovered 40.31% From The 52-Week Low, And Now It’s -2.44% YTD – This Is What You Do Now

Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR)’s traded shares stood at 13.06 million during the last session, with the company’s beta value hitting 1.50. At the close of trading, the stock’s price was $15.58, to imply a decrease of -0.70% or -$0.11 in intraday trading. The PBR share’s 52-week high remains $17.91, putting it -14.96% down since that peak but still an impressive 40.31% since price per share fell to its 52-week low of $9.30. The company has a valuation of $57.97B, with an average of 20.48 million shares over the past 3 months.

Petroleo Brasileiro S.A. Petrobras ADR (NYSE:PBR) trade information

After registering a -0.70% downside in the last session, Petroleo Brasileiro S.A. Petrobras ADR (PBR) has traded red over the past five days. The stock hit a weekly high of 16.12, dropping -0.70% in its intraday price action. The 5-day price performance for the stock is -2.63%, and 7.23% over 30 days. With these gigs, the year-to-date price performance is -2.44%.

Petroleo Brasileiro S.A. Petrobras ADR (PBR) estimates and forecasts

Looking at statistics comparing Petroleo Brasileiro S.A. Petrobras ADR share performance against respective industry, we note that the company has outperformed competitors. Petroleo Brasileiro S.A. Petrobras ADR (PBR) shares are -0.76% down over the last 6 months, with its year-to-date growth rate higher than industry average at -16.03% against -28.20%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 28.80% for the past 5-year period. While 2024 is set for a -7.98% return in earnings, projections for the next 5 years are at -8.80% annually.

PBR Dividends

Petroleo Brasileiro S.A. Petrobras ADR has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Petroleo Brasileiro S.A. Petrobras ADR has a forward dividend ratio of 0.69, with the share yield ticking at 4.44% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.