The shares of Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) are trading at $5.8 after going up by $0.37. This increase in stock price represents a 44.64% rise from its 52-week low price of $4.01 which was attained back on March 18, earlier this year. But the price still lags -196.03% behind the highest price mark of $17.17 attained on 2019-04-08. PBR has been performing well over the past few days, with its price climbing by 34.57% during that time frame. The same can’t be said for its performance over the past 90 days as it dropped by roughly -63.48% while it’s overall lost so far this year stands at -64%. Looking further than that, its shares have gone down by just -63.61% this year to date. Over the next one year, Petroleo Brasileiro S.A. – Petrobras shares are expected to reach $16.79, which means that it is expected to rise by 189.48% from its current position.
Out of 12 Wall Street analysts, 10 (83.33%) of them have rated PBR as a Buy. The remaining 2 brokerage firms which represent 16.67% that recommend investors to Hold while it wasn’t rated as a Sell by any analyst. Petroleo Brasileiro S.A. – Petrobras shares held by institutional investors have dropped by 14% over the past three months. During that same time, 61 institutions invested in the stock, while 161 added the shares to their existing portfolios. 126 institutional investors reduced their shares in the compnay with only 27 selling their total positions.
The trading volume of PBR, when compared with its 50-day average volume of 34,643,258, has gone up by 41% after additional 48,845,347 shares were sold. The price of the stock is -29.65% below its 20-day SMA, which means that it is currently in a bearish trend. In addition to that, it is also -51.74% below its 50-day SMA, and -59.31% below its 200-day SMA. At the moment, Petroleo Brasileiro S.A. – Petrobras’s ROE stands around 13.5% and market experts are of the view that the company’s earnings per share growth will stand at roughly 0% annually till 2023. If that happens, then it would be off by just 27.7% when compared to the previous five years.
The stock is expected to encounter its first resistance point at $6.16, which is just 5.84% above its current position while the next resistance stands at $6.53, 11.18% from its current price. If PBR fails to break the immediate resistance, then it is in danger of seeing its price drop to $4.85. The stock’s 14-day MACD is -0.86, which means that it is currently in a downward trading trend. Its two weeks RSI meanwhile stands at 34.52, indicating that the stock has been neutral while its 20-day historical volatility reads 231.28%, which is higher than its 50-day equivalent (151.01%).
Yamana Gold Inc. has seen its stock (NYSE:AUY) climbed by 2.5% over the past few days and is now trading around at $3.28 on the Wall Street in the intra-day deal. During that period, roughly 27.5 Million AUY shares were traded on NYSE. The 90-days average daily trading volume of the stock has been around 27.4 Million but 121.4 Thousand extra shares were traded on that day. AUY has gone up by 84.27% from its 52-week low of $1.78 (recorded on May 30, 2019) and is now trading at $3.28 per share. The last time AUY recorded a 52-week high was back in February 24, 2020, with a single stock trading at $4.94 back then.
Over the past one month, the stock hasn’t performed well as it dropped by -25.62% during that period. This led to its price decrease to stand at -16.96% since the start of the year. The situation still not remains the same when its performance over the past few days was reviewed as it gained 11.19% of its value in the past week. This recent development has seen its 12-month potential target price placed at $3.86, which means that it is expected to increase by 17.68% from its current price. Of the 12 Wall Street analysts that rated the stock, 58.33% (7 analysts) have rated AUY as a Buy while the remaining 33.33% (4 analysts) rated it as a Hold, with 8.33% (1 analysts) rated the stock as a Sell.
The company has been making use of ROE that stands around 5.5%, with market experts of the view that their EPS over the next five years will likely rise by 27.25% annually. This will be a raise from the 16.7% growth achieved over the past five years. At the moment, AUY is on a bearish trend, down -8.3% from its SMA20, -14.61% below its SMA50, and -3.76% below its SMA200. AUY shares held by institutional investors have jumped by 60.7% over the past three months. A total of 57 institutional investors entered new positions while 124 added to their existing portfolio. 87 hedge funds lowered their positions in the stock with only 21 selling their shares entirely.
AUY’s 9-day MACD currently stands at 0.12, which means that the price is on an upward trend. The stock’s 9-day RSI score reads 48.64, signaling that the stock is neutral. Its 20-day historical volatility currently stands at 167.48% and is on the upside when compared with its 50-day historical volatility which is 101.65%. A look at AUY’s daily chart reveals that its first resistance point stands at $3.46, a 5.2% rise from its current position, while the second resistance point is 9.89% ($3.64) ahead of its current position. If the share fails to break the immediate resistances, it could drop down to $2.84.