Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)has commenced the process of offloading four refineries namely Rnest, Rian, Repar and Refap. The move is part of a broader plan of the Brazilian oil giant to jettison eight of its refineries that constitute 50% of refining capacity in the country. The company’s CEO believes that the divestment of eight refineries could fetch Petrobras as much as $15 billion. It intends to close the sale of one of the refineries by 2019-end. Fuel distribution firms like Raizen, oil explorers in Brazil and trading firms could be potential buyers of the refineries that Petrobras put up for sale.
insider ownership percentage is the key indicator, can be used by investors, to
measure the outlook of senior management has on their company. Insider
ownership for the PBR is 39.80%. Institutional ownership refers to the ownership
stake in a company that is held by large financial organizations, pension funds
or endowments. The Institutional ownership for the PBR is 13.60%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that PBR. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is 0.00%.
Institutional ownership is the amount of a Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the PBR is 2.39%.
a Basic Materials sector firm, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock slumped -0.51% on Monday and when day-trade ended the stock finally concluded at $15.49 and number of shares that changed hands during the day are 17.15 Million. The number of shares PBR stock currently held by all its shareholders are 6305.88 and floated shares, the number of shares are available for trading in an open market on last trading day are 4169.38. The average volume of shares for 3 months is 16665.88 and PBR stock value has moved between $9.68 – 17.8 in last one year.
The Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)’s latest earnings date is 8/1/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is 34.90% and the profit margin is 6.40% and the stock has gained 19.49% in 2019 to date.
U.S. traded shares of Petroleo Brasileiro Petrobras SA
(ADR) (NYSE:PBR)’s monthly stock performance is 7.35%, the quarterly
performance is -2.47%, the half year performance is calculated as 19.31%. The
yearly performance of PBR is 59.27%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) weekly volatility is measured as 2.82% and monthly volatility measured as 2.30%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. PBR return on assets is 2.60%, the return on equity (ROE) of the Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is 8.10%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and PBR return on investment is 7.90%.
The price to earnings ratio is 16.89, price to sales ratio is 1.05, and price to book ratio is 1.36, price to cash per share ration is 9.13, price to free cash flow is 7.54.
Analysts mean target price for Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is $18.87 while analysts mean recommendation is 2.40. The current share price indicates that stock is -13.15% away from its one year high and is moving 59.59% ahead of its 52-week low. PBR’s distance from 20 day simple moving average is -0.46% and distance from 50-Day simple moving average is 3.11%.