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 $18.28 on 04/12/24, while the lowest price during the same period was $8.80 on 05/17/23.
52-week price history of PR Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Permian Resources Corp’s current trading price is -3.23% away from its 52-week high, while its distance from the 52-week low is 101.01%. The stock’s price range for this period has remained between $8.80 and $18.28. The Energy sector company’s shares managed to surpass a trading volume of around 8.02 million for the day, which was noticeably lower compared to the shares’ average daily volume of 10.01 million over the last three months.
Financial Performance and Market Capitalization
Permian Resources Corp (PR) has experienced a quarterly rise of 33.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.57B 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 14.60, with a change in price of +4.43. Similarly, Permian Resources Corp recorded 9,467,413 in trading volume during the last 100 days, posting a change of +33.41%.
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
As of today, the raw stochastic average of Permian Resources Corp over the past 50 days is 89.63%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 70.20%. Additionally, the Stochastic %K and %D values for the company were 73.84% and 80.41%, respectively, over the past 20 days.
PR Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 30.89%. However, over the past six months, we’ve seen a weaker performance of 27.48%. The price of PR fallen by 8.00% over the last 30 days. And in the last five days, it has fallen by -0.51%.
