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Petroleo Brasileiro SA (PBR) Shares Cross Below 200 DMA

By Energy Stock Channel Staff, Thursday, September 16, 11:11 AM ET
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In trading on Thursday, shares of Petroleo Brasileiro SA (NYSE:PBR) crossed below their 200 day moving average of $10.11, changing hands as low as $9.97 per share. Petroleo Brasileiro SA shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of PBR shares, versus its 200 day moving average:

Petroleo Brasileiro SA 200 Day Moving Average Chart

Looking at the chart above, PBR's low point in its 52 week range is $6.15 per share, with $12.38 as the 52 week high point — that compares with a last trade of $10.10.

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