Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) persists its position slightly strong in context of buying side, while shares price crashed down -1.10% during latest trading session.
Brazil’s state-run oil company, Petroleo Brasileiro SA (PBR) reported that it is reducing diesel and gasoline prices at refineries, reflecting the fall in international petroleum products prices and the appreciation of the local currency against the dollar. In a statement, Petrobras, as the company is known, said diesel prices will be reduced 5.1 percent at refineries, and gasoline prices will fall 1.4 percent. This may result in a reduction of up to 2.6 percent in diesel prices and 0.4 percent in gasoline prices to consumers, the company said.
Narrow down focus to other ratios, the co has current ratio of 1.70 that indicates if PBR lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 1.40, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 1.51, sometimes its remain same with long term debt to equity ratio.
Following previous ticker characteristics, Hess Corporation (NYSE:HES) also run on active notice, stock price jumped down -2.31% after traded at $54.87 in most recent trading session.
HES price to current year EPS stands at -87.80%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 26.10%. The earning yield also gives right direction to lure investment, as the co has 1.82% dividend yield. Moving toward ratio analysis, it has current ratio of 1.90. The debt to equity ratio appeared as 0.47 for seeing its liquidity position.
Taking notice on volatility measures, price volatility of stock was 2.75% for a week and 2.67% for a month. The price volatility’s Average True Range for 14 days was 1.60. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.40 out of 1-5 scale with week’s performance of -5.36%. HES’s institutional ownership was registered as 86.00%, while insider ownership was 12.56%.