SandRidge Permian Trust (NYSE:PER) currently has a daily average trading volume of 362.86K but it saw 30156635 shares traded on Thursday. With a market cap of 28.87M USD, the company’s enterprise value now stands nearly at $15.64M. Stock’s current market price of $0.55 came rising about 56.25 while comparing to the previous closing price of $0.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.75 and as low as $0.25. In the recent trading on the day, stock has struck highest price mark of $0.85 while lowest mark touched by it was $0.4831.
Taking a look at 20-day trading activity of SandRidge Permian Trust (PER) gives us an average price of $0.4049, while its current price level is -68.70% below from 52-week high level whereas it is 119.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4300 while that of 200 days or SMA-200 reads an average of $0.6603. A closer look into the stock’s movement over the week reveals that its volatility is standing at 21.51% during that period while stretching the period over a month that decreases to 9.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 69.58 which implies that the stock is in neutral territory.
SandRidge Permian Trust (PER)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $5.00 and $5.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $5.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $5.00. Average price target assigned by them is $5.00 which highlights an upside potential of 89.0% for the stock over that period. And to attain the median price target of $5.00 assigned by those analysts, stock has to add about 89.0% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 1 advised them to Hold.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which downgraded the stock as “Mkt Perform” in its note to investors issued on April 20, 2015, recommending a price target of for it. RBC Capital Mkts downgraded its recommendation for the stock as a “Underperform” from “Sector Perform” on October 28, 2013 while assigning a price target range of $17-$14.
Over the week, PER’s stock price is moving 47.22% up while it is 33.71% when we observe its performance for the past one month. Year-to-date it is -35.64% down and over the past year, the stock is showing a downside performance of -65.98%.
The company is expected to be releasing its next quarterly report in 08/27/2020, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, SandRidge Permian Trust’s total number of outstanding shares is 52.50M with 25.00% of that held by the insiders while 0.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.10% and return on equity (ROE) at 19.00%. It has a price to earnings ratio (P/E ratio) of 2.25. Stock’s beta reads 1.37. Stock has a price to book (P/B) ratio of 1.14 while price to sale or P/S ratio amounts to 1.74. Its return on asset (ROA) is 19.00% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Vifag 2002, SICAV came shrinking its share ownership by -1.04% in the SandRidge Permian Trust (PER) decreasing its stake to 0.03% with control over 156.0 shares in the company.