PetroChina Company Limited (ADR) (NYSE:PTR) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 14, 2016
Boasting a price of $69.32, PetroChina Company Limited (ADR) (NYSE:PTR) traded 0.20% higher on the day. With the last stock price close up 2.01% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. PetroChina Company Limited (ADR) has recorded a 50-day average of $66.85 and a two hundred day average of $68.12. Volume of trade was down over the average, with 41,725 shares of PTR changing hands under the typical 114,611
Zacks Investment Research has downgraded PetroChina Company Limited (ADR) (NYSE:PTR) to Sell in a statement released on 10/14/2016.
With a total market value of $0, PetroChina Company Limited (ADR) has price-earnings ratio of 86.86 with a one year low of $52.30 and a one year high of $84.05 .
A total of 3 equity analysts have released a ratings update on PTR. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $84.31.
Brief Synopsis About PetroChina Company Limited (ADR) (NYSE:PTR)
PetroChina Company Limited is an oil and gas producer and distributor. The Company's segments are Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline. The Company's Exploration and Production segment is engaged in the exploration, development, production and marketing of crude oil and natural gas. The Company's Refining and Chemicals segment is engaged in the refining of crude oil and petroleum products, production and marketing of primary petrochemical products, and derivative petrochemical products and other chemical products. The Company's Marketing segment is engaged in the marketing of refined products and trading business. The Company's Natural Gas and Pipeline segment is engaged in the transmission of natural gas, crude oil and refined products and the sale of natural gas.
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