Large Outflow of Money Witnessed in Petroleo Brasileiro S.A.- Petrobras

Petroleo Brasileiro S.A.- Petrobras (PBR) had an volatile session and gained 0.01 points till last call. The price was at $10.27, gaining 0.1% till the last intraday data. The total uptick value was $16.35 million while the total downtick value was $19.58 million. The shares saw a net money flow of $(-3.23) million and the up/down ratio stood at 0.84. The stock has seen a change of of -4.82% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-1.05) million. Almost $4.25 million were received in upticks and approximately $5.3 million were lost in downticks, thereby giving the up/down ratio of 0.8.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Petroleo Brasileiro S.A. – Petrobras has dropped 6.75% in the last five trading days, however, the shares have posted positive gains of 1.19% in the last 4 weeks. Petroleo Brasileiro S.A. – Petrobras has dropped 12.34% during the last 3-month period . Year-to-Date the stock performance stands at 1.19%. Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) witnessed a decline in the market cap on Wednesday as its shares dropped 0.29% or 0.03 points. After the session commenced at $10.48, the stock reached the higher end at $10.48 while it hit a low of $10.12. With the volume soaring to 20,453,731 shares, the last trade was called at $10.23. The company has a 52-week high of $12.555. The company has a market cap of $66,723 million and there are 6,522,248,500 shares in outstanding. The 52-week low of the share price is $2.84.

PETROBRAS-ADR C is an integrated company operating in exploration, production, refining, retailing and transportation of petroleum and its byproducts at home and abroad.


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