The stock of Petrobras Argentina SA ADR (NYSE:PZE) is a huge mover today! About 819,357 shares traded hands or 290.13% up from the average. Petrobras Argentina SA ADR (NYSE:PZE) has risen 2.93% since March 16, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.
The move comes after 7 months positive chart setup for the $1.41 billion company. It was reported on Oct, 19 by Barchart.com. We have $11.56 PT which if reached, will make NYSE:PZE worth $958.80 million more.
Analysts await Petrobras Argentina SA ADR (NYSE:PZE) to report earnings on November, 11.
According to Zacks Investment Research, “PEREZ COMP -ADR leads a group of companies mainly engaged in the energy sector, this being its main business. Pecom will continue consolidating its position in the businesses where it participates, both in Argentina and abroad, based on the use of state-of-the art technology, the full development of its human resources and a high commitment towards environmental protection.”
More notable recent Petrobras Argentina SA ADR (NYSE:PZE) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011, also Businessfinancenews.com with their article: “YPF SA (ADR) Not Overpaying For Petrobras Argentina’s Assets: CFO” published on October 09, 2015, Businessfinancenews.com published: “Here’s How $1.2 Deal with Pampa Energia Will Ease Petrobras’ Tension” on March 03, 2016. More interesting news about Petrobras Argentina SA ADR (NYSE:PZE) were released by: Bidnessetc.com and their article: “Petroleo Brasileiro SA Petrobras (ADR) Divests Assets in Argentina, Chile” published on May 04, 2016 as well as Benzinga.com‘s news article titled: “Brazil’s Decline To Take A Big Toll On The Argentine Economy” with publication date: September 15, 2015.
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