Stock To Watch: Petrobras Argentina S.A. (NYSE:PZE)


The leading market experts have placed a mean price target of $7.80 on Petrobras Argentina S.A. (NYSE:PZE) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.29 a share for the upcoming quarter and $0.77 for the current fiscal. Technical View The technical analysis of Petrobras Argentina S.A. ADS plainly substantiates that the 50-day moving average of Petrobras Argentina S.A. ADS is $6.23, and stock is hovering 0.03 or +0.43% distant from $6.23. It is noted that the 200-day MA is $6.26, and Petrobras Argentina S.A. ADS stock is $-0.00 or -0.08% off from this point. Petrobras Argentina S.A. (NYSE:PZE) 52-week high is $6.87 and the 52-week low is $4.69. This explains if the stock moves $-0.61, it will post a 52-week high. In event of $+33.48% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Petrobras Argentina S.A. ADS, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Petrobras Argentina S.A. (NYSE:PZE) ratio came in at 22.36. The stock last ended the trading session at $6.26 and registered a market cap of $1.26B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Petrobras Argentina S.A. (NYSE:PZE) PEG ratio is at -4.76.

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