Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -0.56%. However, over the past six months, we’ve seen a stronger performance of -4.33%. The price of PR leaped by -9.67% over the last 30 days. And in the last five days, it has fallen by -4.48%.
In terms of market performance, Permian Resources Corp had a fairly even. The highest value for the stock in the past year was $17.94 on 04/12/24, and the lowest value was recorded at $12.49 on 08/05/24.
52-week price history of PR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Permian Resources Corp’s current trading price is -20.29% away from its 52-week high, while its distance from the 52-week low is 14.47%. The stock’s price range during this period has varied between$12.49 and $17.94. The Permian Resources Corp’s shares, which operate in the Energy, saw a trading volume of around 11.38 million for the day, a figure considerably higher than their average daily volume of 7.27 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Permian Resources Corp (PR) has experienced a quarterly decline of -5.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.49B and boasts a workforce of 461 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.60, with a change in price of +0.12. Similarly, Permian Resources Corp recorded 8,379,995 in trading volume during the last 100 days, posting a change of +0.85%.
PR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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
Permian Resources Corp’s raw stochastic average for the past 50 days is presently 35.45%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 16.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.64% and 10.98%, respectively.
