Company Shares of Petrobras Argentina S.A. (NYSE:PZE) Rally 3.45%

Shares of Petrobras Argentina S.A. (NYSE:PZE) appreciated by 3.45% during the past week but lost 9.39% on a 4-week basis. The shares have outperformed the SP 500 by 1.35% in the past week but underperformed the index by 3.37% in the last 4 weeks.

The company shares have dropped 13.13% in the past 52 Weeks. On April 15, 2015 The shares registered one year high of $7.9 and one year low was seen on January 5, 2015 at $4.32. The 50-day moving average is $6.15 and the 200 day moving average is recorded at $6.71. SP 500 has rallied 1.23% during the last 52-weeks. Petrobras Argentina S.A. (NYSE:PZE) rose 1.07% or 0.06 points on Friday and made its way into the gainers of the day. After trading began at $5.52 the stock was seen hitting $5.69 as a peak level and $5.42 as the lowest level. The stock ended up at $5.69. The daily volume was measured at 59,987 shares. The 52-week high of the share price is $7.9 and the 52-week low is $4.32. The company has a market cap of $1,149 million.

Petrobras Argentina SA has dropped 20.08% during the last 3-month period . Year-to-Date the stock performance stands at 16.48%. Institutional Investors own 7.7% of Company shares. During last 3 month period, 3.67% of total institutional ownership has changed in the company shares.

Petrobras Argentina SA, (formerly Petrobras Energia SA), is an Argentina-based integrated company primarily engaged in the energy sector. The Companys activities are structured in four business segments: Oil and Gas Exploration and Production, including the acquisition, exploration, exploitation and maintenance of oil and gas reserves; Refining and Distribution, focusing in the production of fuels, lubricants and asphalts; Petrochemicals, comprising the production of styrene, polystyrene, bi-oriented polystyrene (BOPS) and synthetic rubber; as well as Gas and Energy, providing gas distribution and electric energy generation and transmission. Through its subsidiaries and affiliates, the Company has operations established in Argentina, Bolivia, Brazil, Ecuador, Venezuela, Mexico, Bermuda, Spain and Austria. YPF SA acquired the Companys 38.45% participation in the concession contract UTE Puesto Hernandez executed between both companies for the exploration of the Puesto Hernandez area.

Leave a Reply