PETROLEO BRASIL/S (PBR.A) Trading Down 5.5%

PETROLEO BRASIL/S (NYSE:PBR.A)’s share price traded down 5.5% on Monday . The company traded as low as $13.93 and last traded at $14.16. 22,738,684 shares were traded during mid-day trading, an increase of 152% from the average session volume of 9,030,333 shares. The stock had previously closed at $14.99.

The company has a quick ratio of 1.28, a current ratio of 1.70 and a debt-to-equity ratio of 1.18.

PETROLEO BRASIL/S (NYSE:PBR.A) last posted its quarterly earnings results on Friday, August 3rd. The oil and gas exploration company reported $0.43 earnings per share for the quarter. The business had revenue of $23.41 billion during the quarter. PETROLEO BRASIL/S had a net margin of 3.60% and a return on equity of 7.85%.

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

Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. It operates through the following segments: Exploration and Production; Refining, Transportation, and Marketing; Distribution; Gas & Power; Biofuel; and Corporate. The Exploration and Production segment involves crude oil, natural gas liquids, and natural gas exploration, development, and production.

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