Petrobras Energia Participaciones SA Announces Special Dividend of $0.07 (PZE)
Petrobras Energia Participaciones SA (NYSE:PZE) announced a special dividend on Monday, August 11th, AmericanBankingNews.com reports. Investors of record on Wednesday, August 20th will be paid a dividend of 0.0694 per share on Thursday, August 28th. The ex-dividend date is Monday, August 18th.
On the ratings front, analysts at TheStreet upgraded shares of Petrobras Energia Participaciones SA from a “hold” rating to a “buy” rating in a research note on Thursday, June 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Petrobras Energia Participaciones SA currently has a consensus rating of “Hold” and a consensus target price of $17.00.
Petrobras Energia Participaciones SA (NYSE:PZE) traded down 2.63% on Monday, hitting $6.29. The stock had a trading volume of 258,929 shares. Petrobras Energia Participaciones SA has a 1-year low of $4.06 and a 1-year high of $7.48. The stock’s 50-day moving average is $6.65 and its 200-day moving average is $5.66. The company has a market cap of $1.272 billion and a price-to-earnings ratio of 7.60.
Petrobras Energia SA is an Argentina-based integrated company primarily engaged in the energy sector.
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