PDC Energy Inc. (NASDAQ: PDCE) on August 04, 2022, started off the session at the price of $58.40, plunging -12.25% from the previous trading day. During the day, the shares moved up to $58.40 and dropped to $53.99 before settling in for the closing price of $62.59. Within the past 52 weeks, PDCE’s price has moved between $34.16 and $89.22.
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During the last 5-year period, the sales growth of Energy Sector giant was 37.10%. The company achieved an average annual earnings per share of 170.70%. With a float of $95.06 million, this company’s outstanding shares have now reached $96.28 million.
Let’s determine the extent of company efficiency that accounts for 535 employees. In terms of profitability, gross margin is +57.20, operating margin of +52.11, and the pretax margin is +21.46.
PDC Energy Inc. (PDCE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of PDC Energy Inc. is 1.30%, while institutional ownership is 96.80%. The most recent insider transaction that took place on Aug 01, was worth 127,288. In this transaction President and CEO of this company sold 2,000 shares at a rate of $63.64, taking the stock ownership to the 386,201 shares. Before that another transaction happened on Aug 01, when Company’s SVP, CFO sold 1,000 for $64.54, making the entire transaction worth $64,540. This insider now owns 115,128 shares in total.
PDC Energy Inc. (PDCE) Recent Fiscal highlights
As on 3/30/2022, Multinational firm has announced its last quarter scores, in which it reported $3.66 earnings per share (EPS) for the period topping the consensus outlook (set at $3.11) by $0.55. This company achieved a net margin of +20.42 while generating a return on equity of 18.90. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 170.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.20% during the next five years compared to 24.90% growth over the previous five years of trading.
PDC Energy Inc. (NASDAQ: PDCE) Trading Performance Indicators
PDC Energy Inc. (PDCE) is currently performing well based on its current performance indicators. A quick ratio of 0.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.78. Likewise, its price to free cash flow for the trailing twelve months is 3.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.02, a number that is poised to hit 4.64 in the next quarter and is forecasted to reach 20.70 in one year’s time.
Technical Analysis of PDC Energy Inc. (PDCE)
Looking closely at PDC Energy Inc. (NASDAQ: PDCE), its last 5-days average volume was 1.29 million, which is a drop from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 44.28%. Additionally, its Average True Range was 3.60.
During the past 100 days, PDC Energy Inc.’s (PDCE) raw stochastic average was set at 8.53%, which indicates a significant increase from 7.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.55% in the past 14 days, which was higher than the 64.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $67.04, while its 200-day Moving Average is $62.32. However, in the short run, PDC Energy Inc.’s stock first resistance to watch stands at $57.55. Second resistance stands at $60.18. The third major resistance level sits at $61.96. If the price goes on to break the first support level at $53.14, it is likely to go to the next support level at $51.36. Now, if the price goes above the second support level, the third support stands at $48.73.
PDC Energy Inc. (NASDAQ: PDCE) Key Stats
Market capitalization of the company is 5.24 billion based on 95,429K outstanding shares. Right now, sales total 1,856 M and income totals 522,310 K. The company made 316,450 K in profit during its latest quarter, and -31,960 K in sales during its previous quarter.