A new trading day began on Monday, with Permian Resources Corp (NYSE: PR) stock price up 0.89% from the previous day of trading, before settling in for the closing price of $14.67. PR’s price has ranged from $12.04 to $17.94 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 39.65% over the last five years. Meanwhile, its annual earnings per share averaged 18.80%. With a float of $538.55 million, this company’s outstanding shares have now reached $702.89 million.
The firm has a total of 461 workers. Let’s measure their productivity. In terms of profitability, gross margin is 43.04%, operating margin of 37.47%, and the pretax margin is 35.72%.
Permian Resources Corp (PR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Permian Resources Corp is 23.39%, while institutional ownership is 83.04%. The most recent insider transaction that took place on Sep 10 ’24, was worth 3,199,875. In this transaction Director of this company bought 250,000 shares at a rate of $12.80, taking the stock ownership to the 250,000 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Director bought 62,429 for $12.73, making the entire transaction worth $794,946. This insider now owns 312,429 shares in total.
Permian Resources Corp (PR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.80% per share during the next fiscal year.
Permian Resources Corp (NYSE: PR) Trading Performance Indicators
Here are Permian Resources Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.46. Likewise, its price to free cash flow for the trailing twelve months is 52.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.64, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.49 in one year’s time.
Technical Analysis of Permian Resources Corp (PR)
Analysing the last 5-days average volume posted by the [Permian Resources Corp, PR], we can find that recorded value of 8.06 million was lower than the volume posted last year of 9.93 million. As of the previous 9 days, the stock’s Stochastic %D was 15.60%. Additionally, its Average True Range was 0.43.
During the past 100 days, Permian Resources Corp’s (PR) raw stochastic average was set at 58.76%, which indicates a significant increase from 14.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.27% in the past 14 days, which was higher than the 33.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.59, while its 200-day Moving Average is $15.46. Now, the first resistance to watch is $15.02. This is followed by the second major resistance level at $15.23. The third major resistance level sits at $15.37. If the price goes on to break the first support level at $14.66, it is likely to go to the next support level at $14.52. Should the price break the second support level, the third support level stands at $14.31.
Permian Resources Corp (NYSE: PR) Key Stats
With a market capitalization of 11.89 billion, the company has a total of 803,364K Shares Outstanding. Currently, annual sales are 3,121 M while annual income is 476,310 K. The company’s previous quarter sales were 1,216 M while its latest quarter income was 386,380 K.
