Permian Resources Corp (NYSE:PR) currently has a daily average trading volume of 11.63M but it saw 8448773 shares traded in last market. With a market cap of 10.30B USD, the company’s current market price of $14.67 came falling about -0.14 while comparing to the previous closing price of $14.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.12 and as low as $11.85. In the recent trading on the day, stock has struck highest price mark of $14.5894 while lowest mark touched by it was $14.759.
Taking a look at 20-day trading activity of Permian Resources Corp (PR) gives us an average price of $14.95, while its current price level is -19.06% below from 52-week high level whereas it is 23.77% 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 $15.49 while that of 200 days or SMA-200 reads an average of $15.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.29% during that period while stretching the period over a month that increases to 3.42%. 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 44.44 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 5.69% up while it is -11.79% when we observe its performance for the past one month. Year-to-date it is 9.48% up and over the past year, the stock is showing an upside performance of 21.02%.
Currently, Permian Resources Corp’s total number of outstanding shares is 540.79M. Company’s return on investment (ROI) stands at 5.57% and return on equity (ROE) at 11.76%. It has a price to earnings ratio (P/E ratio) of 11.77 while having a 8.06 of forward P/E ratio. Stock’s beta reads 4.35. Stock has a price to book (P/B) ratio of 1.19 while price to sale or P/S ratio amounts to 2.36. Its return on asset (ROA) is 5.63% on average.
