PETROLEO BRASIL/S (NYSE:PBR.A) Share Price Passes Above 50 Day Moving Average of $8.46


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PETROLEO BRASIL/S (NYSE:PBR.A)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $8.46 and traded as high as $8.61. PETROLEO BRASIL/S shares last traded at $8.51, with a volume of 7,537,029 shares traded.

The company has a current ratio of 1.08, a quick ratio of 0.87 and a debt-to-equity ratio of 1.52. The business’s fifty day simple moving average is $8.42 and its 200 day simple moving average is $9.04.

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

PETROLEO BRASIL/S Company Profile (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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