|Bid||0.00 x 40000|
|Ask||0.00 x 34100|
|Day's Range||9.46 - 9.80|
|52 Week Range||6.15 - 12.38|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||5.53|
|Forward Dividend & Yield||0.62 (5.63%)|
|Ex-Dividend Date||Aug 17, 2021|
|1y Target Est||13.16|
The potential implosion of China's property market and broader economy sent oil prices tumbling at the start of the week
Petrobras (PBR) begins the binding phase of the sale of its full 27.88% ownership holding in Deten as part of its strategy to lower expenses and improve its capital deployment to add shareholder value.
Petroleo Brasileiro (PBR) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.