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PDC Energy Inc. (NASDAQ:PDCE) Undervalued? Fundamentals Hard To Beat?

PDC Energy Inc. (NASDAQ:PDCE) shares fell to a low of $38.31 before closing at $41.41. Intraday shares traded counted 1.12 million, which was -1.29% lower than its 30-day average trading volume of 1.11M. PDCE’s previous close was $40.83 while the outstanding shares total 99.72M. The firm has a beta of 3.41. The stock’s Relative Strength Index (RSI) is 70.85, with weekly volatility at 6.40% and ATR at 1.89. The PDCE stock’s 52-week price range has touched low of $9.82 and a $42.79 high. The stock traded higher over the last trading session, gaining 1.42% on 05/11/21.

Investors have identified the Oil & Gas E&P company PDC Energy Inc. 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 $3.82 billion, 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.

PDC Energy Inc. (PDCE) 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. For PDCE, the company has in raw cash 59.07 million on their books with 195.45 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 335.26 million total, with 943.57 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 4.42 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 PDCE sounds very interesting.

Is the stock of PDCE attractive?

In related news, EVP, Corp. Dev. & Strategy, Lauck Lance sold 3,000 shares of the company’s stock in a transaction that recorded on Mar 08. The sale was performed at an average price of 37.45, for a total value of 112,350. As the sale deal closes, the Director, Crisafio Anthony J now sold 5,000 shares of the company’s stock, valued at 188,900. Also, SVP, CFO, Meyers R Scott sold 3,000 shares of the company’s stock in a deal that was recorded on Mar 05. The shares were price at an average price of 41.67 per share, with a total market value of 125,024. Following this completion of acquisition, the President and CEO, BROOKMAN BARTON R JR now holds 5,000 shares of the company’s stock, valued at 202,350. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.20%.

14 out of 17 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on PDC Energy Inc.. 0 analysts has assigned a Sell rating on the PDCE stock. The 12-month mean consensus price target for the company’s shares has been set at $47.38.

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