Shares of Petrobras Argentina S.A. (NYSE:PZE) rose by 5.45% in the past week and 8.3% for the last 4 weeks. In the past week, the shares has outperformed the SP 500 by 3.64% and the outperformance increases to 14.09% for the last 4 weeks.
The company shares have rallied 21.95% 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 October 19, 2015 at $4.69. The 50-day moving average is $5.55 and the 200 day moving average is recorded at $5.82. SP 500 has rallied 3.99% during the last 52-weeks.
Petrobras Argentina S.A. (NYSE:PZE) rose 0.17% or 0.01 points on Friday and made its way into the gainers of the day. After trading began at $5.94 the stock was seen hitting $6.09 as a peak level and $5.94 as the lowest level. The stock ended up at $6. The daily volume was measured at 91,743 shares. The 52-week high of the share price is $7.9 and the 52-week low is $4.57. The company has a market cap of $1,212 million.
During the last several months other analysts have commented on the company rating. Equity Analysts at the Raymond James upgrades the rating on Petrobras Argentina S.A. (NYSE:PZE). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Market Perform. The rating by the firm was issued on January 25, 2016.
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.