Brazilian stock alert

BRAZ

CLOSING UPDATE: Petroleo Brasileiro decreased 1.7% - underperforming 89% of stocks 26 July 2017 17:33 BRT

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Brazilian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Petroleo Brasileiro, Brazil's largest oil & gas company by market capitalisation, has decreased 23.0 centavos (or 1.7%) today to trade at R$13.54 and has underperformed 89% of the market in the past six months. Compared with the Brazil Index 50 which fell 113.8 points (or 1%) in the day, this represented a relative price change of -0.6%.

Technical indicators complementing today's significant downtrend:

+ The price dropped 2.2% in the last week.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Sales of 0.4 [0.3]

+ Price to Book of 0.4 [0.4]

Note

Petroleo Brasileiro today is at a discount of 31.3% to the 12-month high of R$19.72 on 24 Oct, 2016. It is at a premium of 8.6% to the 12-month low of R$12.47 on 10 Jul, 2017.

Bullish Signals:

The positive 0.03 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Tobin's Q Ratio is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 6% of stock by value of Q Ratio.

The Brand Value represents 4.6% of the estimated Enterprise Value of R$481.9 billion (US$152.3 billion).

TODAY'S ALERTS

Afternoon Alert: Petroleo Brasileiro decreases 0.4%, leads Oil & gas sector lower

26 July 2017 13:08 BRT

Petroleo Brasileiro SA (SA:PETR3) has decreased 0.4% to trade at R$13.71 vs. the Oil & gas sector which weakened 14.9 points (or 0.4%) to 3,945.1. Representing a weighting of about 57.1% of the sector, the stock accounted for 65.5% of today's loss. The shares have underperformed 89% of the market in the past six months. Trading volume was 1.5 times average so far today.

Morning Alert: Petroleo Brasileiro decreases 0.2%, leads Oil & gas sector lower

26 July 2017 11:10 BRT

Petroleo Brasileiro SA (SA:PETR3) has decreased 0.2% to trade at R$13.74 vs. the Oil & gas sector which weakened 7.2 points (or 0.2%) to 3,952.7. Representing a weighting of about 57.2% of the sector, the stock accounted for 69.2% of today's loss. The shares have underperformed 88% of the market in the past six months. Trading volume was 37% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Petroleo Brasileiro increased further 0.2%, led Oil & gas sector higher

25 July 2017 17:33 BRT

Petroleo Brasileiro, Brazil's largest oil & gas company by market capitalisation, has lifted 2.5% to trade at R$13.77 vs. the Oil & gas sector which strengthened 98.0 points (or 2.5%) to 3,960.0. Representing a weighting of about 57.2% of the sector, the stock accounted for 57.0% of today's gain. Trading volume was 64% of average at the end of the day. Compared with the Brazil Index 50 which rose 99.5 points (or 0.9%) in the day, this represented a relative price increase of 1.6%.

Afternoon Alert: Petroleo Brasileiro lifts 2.3%, leads Oil & gas sector higher

25 July 2017 13:10 BRT

Petroleo Brasileiro SA (SA:PETR3) has lifted 2.3% to trade at R$13.74 vs. the Oil & gas sector which strengthened 89.7 points (or 2.3%) to 3,951.7. Representing a weighting of about 57.2% of the sector, the stock accounted for 56.9% of today's gain. Trading volume was 1.6 times average so far today.

Petroleo Brasileiro SA (SA:PETR3; SAO:PETR3; BZ:PETR3)

ISIN: BRPETRACNOR9

PermID: 4295859763

Source: www.BuySellSignals.com