PETROLEO BRASIL/S (PBR.A) Shares Gap Down to $13.10

PETROLEO BRASIL/S (NYSE:PBR.A) gapped down prior to trading on Wednesday . The stock had previously closed at $13.44, but opened at $13.10. PETROLEO BRASIL/S shares last traded at $12.89, with a volume of 4849200 shares trading hands.

The company has a quick ratio of 0.86, a current ratio of 1.15 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $83.32 billion, a PE ratio of 11.08 and a beta of 1.63.

PETROLEO BRASIL/S (NYSE:PBR.A) last posted its quarterly earnings results on Wednesday, February 27th. The oil and gas exploration company reported $0.32 earnings per share (EPS) for the quarter. PETROLEO BRASIL/S had a return on equity of 10.35% and a net margin of 6.50%. The business had revenue of $24.35 billion for the quarter.

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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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