Parsley Energy Inc. (PE) market price of $11.62 offers the impression of an exciting value play

At the end of the latest market close, Parsley Energy Inc. (PE) was valued at $10.97. In that particular session, Stock kicked-off at the price of $10.80 while reaching the peak value of $11.16 and lowest value recorded on the day was $10.75. The stock current value is $11.62.

Recently in News on July 1, 2020, Parsley Energy Schedules Second Quarter 2020 Earnings Release and Conference Call. – Parsley Energy, Inc. (NYSE: PE) plans to report second quarter 2020 financial results on Wednesday, August 5, 2020 after the close of trading on the New York Stock Exchange. The company will host its quarterly conference call at 9:00 AM ET (8:00 AM CT) on Thursday, August 6, 2020. You can read further details here

Parsley 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 $20.13 on 01/06/20, with the lowest value was $3.92 for the same time period, recorded on 03/18/20.

Parsley Energy Inc. (PE) full year performance was -22.53%

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, Parsley Energy Inc. shares are logging -44.13% during the 52-week period from high price, and 196.43% 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 $3.92 and $20.80.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 3040509 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 Parsley Energy Inc. (PE) recorded performance in the market was -41.99%, having the revenues showcasing 18.85% 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 4.55B, as it employees total of 496 workers.

Specialists analysis on Parsley Energy Inc. (PE)

According to the data provided on, the moving average of the company in the 100-day period was set at 9.18, with a change in the price was noted +5.02. In a similar fashion, Parsley Energy Inc. posted a movement of +76.64% for the period of last 100 days, recording 10,951,076 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 PE is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.72.

Trends and Technical analysis: Parsley Energy Inc. (PE)

Raw Stochastic average of Parsley Energy Inc. in the period of last 50 days is set at 61.43%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.89%. In the last 20 days, the company’s Stochastic %K was 65.96% and its Stochastic %D was recorded 59.40%.

Now, considering the stocks previous presentation, 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 -41.99%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -33.88%, alongside a downfall of -22.53% for the period of the last 12 months. The shares increased approximately by 1.57% in the 7-day charts and went up by 0.92% in the period of the last 30 days. Common stock shares were driven by 18.85% during last recorded quarter.