Why I’m Finally Buying AT&T Inc. (T), Petroleo Brasileiro S.A. – Petrobras (PBR)

AT&T Inc. (NYSE:T) 14-day RSI (relative strength index) score is 47.77, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 23.58 percent, which is low when compared to that of the 50-day’s 28.85 percent. The first technical resistance point for the stock will likely come at $30.78, marking a 0.81% premium to the current level. The second resistance point is at $31.02, about 1.58% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $29.6, the lower end of the range. T’s 14-day MACD is 0.62 and this positive figure indicates an upward trading trend.

AT&T Inc. (T) trade volume has increased by 30.7% as around 50,001,882 shares were sold when compared with its 50-day average volume of traded shares which is 38,255,637. At the moment, T is witnessing a uptrend, as it is trading 0.08% above its 20-day SMA, -3.29% below its 50-day SMA, and -7.44% below its 200-day SMA. The company runs an ROE of roughly 20.5%, with financial analysts predicting that their earnings per share growth will be around 5.88% per annum for the next five year. This will be compared to the 3.5% increase witnessed over the past five years.

The last few days have been rough for AT&T Inc. (NYSE:T), as its price has decreased by -0.68% during the week. It has also performed poorly over the past three months, as it lost around -5.13% while it has so far retreated around -16.47% during the course of a year. The price of the stock went down by -$0.2 now trading at $30.53. Their shares witnessed a 5.82% increase from the 52-week low price of $28.85 they recorded on 2018-10-26. Even though it is still -28.82% behind the $39.33 high touched on 2017-12-26. The stock of T recorded -21.48% downtrend from the beginning of this year till date. The 12-month potential price target for AT&T Inc. is set at $34.36. This target means that the stock has an upside potential to increase by 12.55% from the current trading price.

When giving their opinion, around 36.67% of Wall Street analysts, which represents 11 out of 30 rated the stock as a Buy. 17 brokerage firms of the remaining 56.67% rated the stock as a Hold with 2 analyst rating it as a sell. Overall, the number of aggregate T shares held by institutional investors represents 55.6% of total shares. 108 institutions entered new AT&T Inc. (NYSE:T) positions, 1130 added to their existing positions in these shares, 1141 lowered their positions, and 137 exited their positions entirely.

The shares of Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) has decreased by -3.61%, and now trading at $14.14 on the Wall Street in the intra-day deal, with their shares traded now around 27,535,686. This is a decline of -3,656,681 shares over the average 31,192,367 shares that were traded daily over the last three months. The stock that is trading at $14.14 went higher by 57.64% from its 52-week low of $8.97 that it attained back on 2018-06-19. The stock recorded a 52-week high of $17.2 nearly 205 days ago on 2018-05-16.

PBR stock hasn’t performed well over the past 30 days, as it lost -13.57% while its price climbed by 38.49% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -1.74% over the last week. The stock’s 12-month potential target price is now at $16.8. This means that the stock price might likely increase by 18.81% from its current trading price.6 out of 14 Wall Street analysts which represents 42.86% rated the stock as a buy while the remaining 57.14 rated it as a hold, with 0 of analysts rating it as a sell.

Petroleo Brasileiro S.A. – Petrobras (NYSE:PBR) has been utilizing an ROE that is roughly 6.6%, with stock analysts predicting that the company’s EPS for the next five years will go up by 64.4% per year, following the -15.3% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -2.83% below its 20-day SMA, -3.65% below its 50-day SMA, and 9.83% above its 200-day SMA. In percentage terms, the aggregate Petroleo Brasileiro S.A. – Petrobras shares held by institutional investors is 12.4%. 45 institutions jumped in to acquire Petroleo Brasileiro S.A. – Petrobras (PBR) fresh stake, 151 added to their current holdings in these shares, 122 lowered their positions, and 41 left no stake in the company.

The stock’s 9-day MACD is 0.28 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 42.83, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 46.37 percent, which is less when compared to that of the 50-day’s 55.76 percent. On the daily chart, we see that the stock could reach the first level of resistance at $14.3, sporting a 1.12% premium to the current level. The next resistance point is at $14.46, representing nearly 2.21% premium to the current market price of Petroleo Brasileiro S.A. – Petrobras (PBR). On the other hand, failure to breach the immediate hurdles can drag it down to $13.58, the lower end of the range.