While analyzing the stock in technical terms, it is seen that the stock has a 50 Day Moving Average of 4.10 and is trading -26.01% from it. Also, from its 200-day average, it is trading -41.95% off that mark. The stock’s current trading price is -71.28% off its 52-week high of 10.55 and +11.81% off its 52-week low of 2.71.
Many research analysts have given their price and earnings estimates on the stock. Based on these reports, the sell-side analysts expect the stock to touch price level of 5.27 in the coming one year. As per the record, the company’s earnings during the last one year averaged at -0.92 per share. The First Call stated that the company is expected to post earnings of -0.02 per share in next quarter. The market consensus forecast for this fiscal EPS stands at 0.69 while for next year it is projected at 0.33.
The price to earnings ratio abbreviated as P/E ratio determines the company’s valuation by comparing existing market price, with its per-share earnings. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) P/E ratio stands at N/A. This is a significant ratio as higher ratio indicates that investors are expecting higher earnings growth prospects against other companies in the same industry. As per the brokerages estimates the stock’s Price to current year EPS sits at 7.57 and next year’s EPS at 9.18.
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Review: Emerging Market Formulations & Research Unit, Flagship Records.
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