Penn Virginia Corporation (NASDAQ:PVAC) shares fell to a low of $13.5495 before closing at $13.79. Intraday shares traded counted 0.35 million, which was 38.91% higher than its 30-day average trading volume of 580.54K. PVAC’s previous close was $14.21 while the outstanding shares total 15.18M. The firm has a beta of 3.73. The stock’s Relative Strength Index (RSI) is 62.20, with weekly volatility at 8.72% and ATR at 1.05. The PVAC stock’s 52-week price range has touched low of $0.99 and a $19.09 high. The stock traded lower over the last trading session, losing -2.96% on 02/19/21.
Investors have identified the Oil & Gas E&P company Penn Virginia Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $215.95 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Penn Virginia Corporation (PVAC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 109.8 million total, with 71.21 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 1.34 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PVAC sounds very interesting.
Is the stock of PVAC attractive?
In related news, 10% Owner, Mangrove Partners Master Fund, sold 597,131 shares of the company’s stock in a transaction that recorded on Jun 08. The sale was performed at an average price of 17.86, for a total value of 10,664,318. As the sale deal closes, the President and CEO, Brooks John A now bought 1,000 shares of the company’s stock, valued at 14,205. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.90%.
3 out of 5 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Penn Virginia Corporation. 0 analysts has assigned a Sell rating on the PVAC stock. The 12-month mean consensus price target for the company’s shares has been set at $15.40.