Permian Resources Corp (NYSE:PR) currently has a daily average trading volume of 10.67M but it saw 5858392 shares traded in last market. With a market cap of 8.92B USD, the company’s current market price of $15.32 came falling about -2.23 while comparing to the previous closing price of $15.67. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.12 and as low as $10.67.
Taking a look at 20-day trading activity of Permian Resources Corp (PR) gives us an average price of $16.16, while its current price level is -15.47% below from 52-week high level whereas it is 43.61% 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 $15.96 while that of 200 days or SMA-200 reads an average of $15.12. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.45% during that period while stretching the period over a month that increases to 2.51%. 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 38.47 which implies that the stock is in neutral territory.
BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on July 03, 2024 while assigning a price target of $21. BofA Securities issued its recommendations for the stock as it resumed the price target for the stock is $20.
Over the week, PR’s stock price is moving -6.64% down while it is -3.34% when we observe its performance for the past one month. Year-to-date it is 14.33% up and over the past year, the stock is showing an upside performance of 38.42%.
Currently, Permian Resources Corp’s total number of outstanding shares is 540.79M. Company’s return on investment (ROI) stands at 4.77% and return on equity (ROE) at 10.26%. It has a price to earnings ratio (P/E ratio) of 13.95 while having a 8.39 of forward P/E ratio. Stock’s beta reads 4.37. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 2.38. Its return on asset (ROA) is 4.39% on average.
