Permian Resources Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $16.59 on 03/18/24, while the lowest price during the same period was $8.80 on 05/17/23.
52-week price history of PR Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Permian Resources Corp’s current trading price is -0.24% away from its 52-week high, while its distance from the 52-week low is 88.06%. The stock’s price range during this period has fluctuated between $8.80 and $16.59. Shares of the company, which operates in the Energy sector, recorded a trading volume of around 9.62 million for the day, which was evidently lower than the average daily volume of 10.11 million over the last three months.
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Financial Performance and Market Capitalization
Permian Resources Corp (PR) has experienced a quarterly rise of 24.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.95B and boasts a workforce of 461 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.93, with a change in price of +1.70. Similarly, Permian Resources Corp recorded 9,671,690 in trading volume during the last 100 days, posting a change of +11.45%.
PR Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PR stands at 0.62. Similarly, the long-term debt-to-equity ratio is also 0.61.
PR Stock Stochastic Average
Permian Resources Corp’s raw stochastic average for the past 50 days is currently at 94.29%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 90.16%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.50% and 93.26%, respectively.
PR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 22.46%.However, over the last six months, we can see a weaker performance of 22.31%. Over the last 30 days, the price of PR has fallen by 14.85%. And in the last five days, it has surged by 3.89%.
