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

Petroleo Brasileiro S.A.- Petrobras (PBR) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (4.46 million) in Petroleo Brasileiro S.A.- Petrobras (PBR). On Tuesday, The value of composite uptick trades was $24.35 million, whereas, the value of composite downtick trades was $28.81 million and the ratio between the two was 0.85, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $10.97 million. $5.06 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.46. The negative money flow of ($5.91 million) shows selling on strength. Petroleo Brasileiro S.A.- Petrobras (PBR) gained $0.29 intraday at $8.06 and registrered 3.73% for the week.


Institutional Investors own 5.03% of Petroleo Brasileiro S.A.- Petrobras shares.

Shares of Petroleo Brasileiro S.A. – Petrobras rose by 17.44% in the last five trading days and 24.88% for the last 4 weeks. Petroleo Brasileiro S.A. – Petrobras is up 25.66% in the last 3-month period. Year-to-Date the stock performance stands at 87.91%.

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR): stock turned positive on Tuesday. Though the stock opened at $8.03, the bulls momentum made the stock top out at $8.23 level for the day. The stock recorded a low of $8.01 and closed the trading day at $8.08, in the green by 3.99%. The total traded volume for the day was 30,616,791. The stock had closed at $7.77 in the previous days trading.

Petroleo Brasileiro SA Petrobras is a Brazil-based integrated energy company. The Company operates in the Exploration and Production (E&P); Refining, Transportation and Marketing (RTM); Gas and Power; Biofuels; Distribution, and International segments. E&P includes exploration, development and production of crude oil, natural gas liquid and natural gas in Brazil. RTM covers the refining, logistics, transport and trading of crude oil and oil products activities, export of ethanol, extraction and processing of shale, and interests in petrochemical companies in Brazil. The Gas and Power segment includes transportation and trading of natural gas produced in Brazil, among other activities. Biofuels segment covers the activities of production of biodiesel and its co-products, as well as the ethanol-related activities. The Distribution segment includes its retail network and wholesale channels. The International segment includes its activities in the Americas, Africa, Europe and Asia.

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