PETROLEO BRASIL/S (NYSE:PBR.A) Stock Crosses Above 50 Day Moving Average of $8.19

PETROLEO BRASIL/S (NYSE:PBR.A) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $8.19 and traded as high as $8.43. PETROLEO BRASIL/S shares last traded at $8.17, with a volume of 8,024,113 shares traded.

The business has a 50 day moving average of $8.19 and a two-hundred day moving average of $9.08. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.87 and a current ratio of 1.08.

PETROLEO BRASIL/S (NYSE:PBR.A) last announced its earnings results on Wednesday, February 24th. The oil and gas exploration company reported $0.82 earnings per share (EPS) for the quarter. PETROLEO BRASIL/S had a negative return on equity of 1.32% and a negative net margin of 7.72%. The company had revenue of $13.91 billion for the quarter.

The firm also recently announced a — dividend, which will be paid on Thursday, May 6th. Investors of record on Friday, April 16th will be given a dividend of $0.2859 per share. This is a positive change from PETROLEO BRASIL/S’s previous — dividend of $0.00. This represents a yield of 3.4%. The ex-dividend date of this dividend is Thursday, April 15th.

About PETROLEO BRASIL/S (NYSE:PBR.A)

PetrĂ³leo 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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