Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Permian Resources Corp’s current trading price is -22.47% away from its 52-week high, while its distance from the 52-week low is 15.57%. The stock’s price range over this period has fluctuated between $12.04 and $17.94. The company, operating within the financial sector, had a trading volume of approximately 22.57 million for the day, which was noticeably higher than the average daily share volume of 10.45 million over the last 3 months.
In terms of market performance, Permian Resources Corp had a fairly uneven. The highest value for the stock in the past year was $17.94 on 04/12/24, and the lowest value was recorded at $12.04 on 12/07/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Permian Resources Corp (PR) has experienced a quarterly decline of -8.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.76B and boasts a workforce of 461 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.73, with a change in price of -1.16. Similarly, Permian Resources Corp recorded 10,679,043 in trading volume during the last 100 days, posting a change of -7.70%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PR stands at 0.48. Similarly, the long-term debt-to-equity ratio is also 0.47.
PR Stock Stochastic Average
Today’s raw stochastic average for Permian Resources Corp over the last 50 days is 52.02%.This indicates a increase from the raw stochastic average of the past 20 days, which was 33.32%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 43.12% and 45.63%, respectively.
PR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 4.87%. However, over the past six months, we’ve seen a stronger performance of -18.45%. The price of PR fallen by 6.51% over the last 30 days. And in the last five days, it has fallen by -0.86%.
