Petrobras (PBR) Stock Price

Financial Performance

Petrobras' revenue trends show a slight decrease both quarterly and annually, with the last quarter's revenue being $23.4B, down by -0.4% from the previous quarter and down by -1.7% year over year. The gross profit is also showing a mixed trend with an increase of 2.4% from the previous quarter but a decrease of -2.1% YoY to $12B. Their operating income profit has increased significantly by 36.3% from the previous quarter but decreased by -5% YoY to $8.6B which may raise concerns about their operational efficiency.

The EBITDA ratio at 0.51 indicates moderate profitability but could be improved upon.

Stock Price

The stock price has been on a downward trend, currently trading at $13.35 which is -3.3% lower than last month and -13.9% lower than last year's price, indicating bearish market sentiment towards Petrobras' stock.

The RSI value at 63 suggests that it is nearing overbought territory while the stock's price being below its 200-day moving average of $14.33 further supports a bearish outlook.

Alternative Data Signals

Web traffic for Petrobras has seen significant decreases both MoM (-21%) and YoY (-48%). This could indicate lessening public interest or engagement with the company online which might impact future performance negatively if not addressed.

The number of job openings remains unchanged indicating stable employment conditions within Petrobras however this could also signify lack of growth in terms of workforce expansion.

A positive note can be taken from employee business outlook which is reported to be very positive by 84% of employees, indicating good internal morale and confidence in the company's future.

Social media followers show mixed trends with a decrease on Twitter (-1.8%) and Facebook (-0.9%), but a significant increase on Instagram (+43.5%). This suggests that Petrobras' social media engagement strategies may need to be adjusted for different platforms.

Conclusion

Based on the financial performance, stock price trends, technical indicators and alternative data signals, the analysis leans towards a bearish outlook for Petrobras' stock at present.

Note: This AI Stock Analysis is based on data as of March 02. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Petrobras (PBR), currently trading at $12.21, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.