Time to Buy Beat-Down PDC Energy, Inc. (PDCE) Stock? Here is the INSIGHT

At the end of the latest market close, PDC Energy, Inc. (PDCE) was valued at $12.66. In that particular session, Stock kicked-off at the price of $13.15 while reaching the peak value of $13.23 and lowest value recorded on the day was $12.46. The stock current value is $12.52.

PDC Energy, Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $37.10 on 07/01/19, with the lowest value was $4.51 for the same time period, recorded on 03/18/20.

PDC Energy, Inc. (PDCE) full year performance was -64.32%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, PDC Energy, Inc. shares are logging -66.26% during the 52-week period from high price, and 177.61% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.51 and $37.10.

The company’s shares, operating in the sector of energy managed to top a trading volume set approximately around 1.28 million for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the PDC Energy, Inc. (PDCE) recorded performance in the market was -52.16%, having the revenues showcasing -44.08% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.18B, as it employees total of 540 workers.

The Analysts eye on PDC Energy, Inc. (PDCE)

During the last month, 15 analysts gave the PDC Energy, Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 15.42, with a change in the price was noted -13.01. In a similar fashion, PDC Energy, Inc. posted a movement of -50.96% for the period of last 100 days, recording 2,257,954 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity. The total Debt to Equity ratio for PDCE is recording 0.66 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.66.

Technical rundown of PDC Energy, Inc. (PDCE)

Raw Stochastic average of PDC Energy, Inc. in the period of last 50 days is set at 91.86%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.36%. In the last 20 days, the company’s Stochastic %K was 79.82% and its Stochastic %D was recorded 81.58%.

Considering, the past performance of PDC Energy, Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -52.16%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -46.61%, alongside a downfall of -64.32% for the period of the last 12 months. The shares increased approximately by 14.07% in the 7-day charts and went down by 18.45% in the period of the last 30 days. Common stock shares were lifted by -44.08% during last recorded quarter.