PBR Stock – Quick Win: 37.79% Gain In 3 Months

PBR Stock

Petroleo Brasileiro Petrobras SA was a top stock pick based on predictive algorithm recommended to I Know First subscribers on January 25th for the 3-Month time horizon. PBR had a signal of 213.89 and a predictability of 0.34. In accordance with the algorithm, the company reported short-term capital gains of 37.79%.

Petroleo Brasileiro Petrobras SA was part of the stock forecast that can be found in the “Top 10 Stocks” Package.

The full Top 10 Stocks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Petroleo Brasileiro SA Petrobras  is a Brazil-based integrated oil and gas company. The Company divides its activities into seven segments: Exploration and Production; Refining, Transportation and Marketing; Gas and Power; Biofuel; Distribution and International.

Shares of Petrobras  (PBR) rose 7.13% to $10.07 in morning trading after CFO Ivan Monteiro said the Brazilian state-owned energy company would take “any opportunity” to raise cash at a competitive cost in debt markets as early as this year.

Also, Petroleo Brasileiro Petrobras SA earnings per share(EPS) is $1.02 and its beta value stands at 1.90 points and has total market capitalization of $59.61 billion and a total of 7.44 billion outstanding shares.

 

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

Missed the latest trend? Looking for the next best market opportunity? Find out today’s stock forecast based on our advanced self-learning algorithm