In a recent bid Penn Virginia Corporation [PVAC] faced a contemporary bid of $9.77 yielding a -2.21% decline where 0.71 million shares have exchanged hands over the last week. PVAC amount got a boost by 0.26% or $0.02 versus $9.75 at the end of the prior session. This change led market cap to move at 137.87M, putting the price 887.37% below the 52-week high and -69.74% above the 52-week low. The company’s stock has a normal trading capacity of 0.71 million shares while the relative volume is 2.30.
On 5, November 2020, Penn Virginia Reports Third Quarter 2020 Results. According to news published on Yahoo Finance, — Generated Net Cash Provided by Operating Activities of $61 Million and Free Cash Flow of $34 Million for the Third Quarter 2020 —.
Analyst Birdseye View:
The most recent analyst activity for Penn Virginia Corporation [NASDAQ:PVAC] stock was on July 24, 2020, when it was Initiated with a Buy rating from SunTrust. Before that, on July 27, 2020, Seaport Global Securities Recapitulated a Buy rating and elevated its amount target to $15. On May 13, 2019, Imperial Capital Reiterated an Outperform rating and plunged its price target on this stock from $70 to $67. On April 29, 2019, Imperial Capital Initiated an Outperform rating and increased its price target to $70. On March 22, 2019, Northland Capital Upgrade an Outperform rating. On July 06, 2018, Ladenburg Thalmann Reiterated a Buy rating and boosted its amount target on this stock to $110. On June 12, 2018, Ladenburg Thalmann Initiated a Buy rating and boosted its target amount on this stock to $100.
In the past 52 weeks of trading, this stock has oscillated between a low of $0.99 and a peak of $32.30. Right now, the middling Wall Street analyst 12-month amount mark is $15.00. At the most recent market close, shares of Penn Virginia Corporation [NASDAQ:PVAC] were valued at $9.77. According to the average price forecast, investors can expect a potential return of 10.0%.
Penn Virginia Corporation [NASDAQ:PVAC] most recently reported quarterly sales of 50.87 billion, which represented growth of -41.80%. This publicly-traded organization’s revenue is $5,056,883 per employee, while its income is $750,947 per employee. This company’s Gross Margin is currently 75.40%, its Operating Margin is -64.00%, its Pretax Margin is +15.30, and its Net Margin is +14.85. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 6.17, 14.58, 17.84 and 6.93 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 51.73 and the whole liability to whole assets at 45.81. It shows enduring liability to the whole principal at 51.65 and enduring liability to assets at 0.46 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 9.32 points at 1st support level, the second support level is making up to 8.89. But as of 1st resistance point, this stock is sitting at 10.09 and at 10.42 for 2nd resistance point.
Penn Virginia Corporation [PVAC] reported its earnings at $1.14 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.88/share signifying the difference of 0.26 and 29.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.29 calling estimates for $0.91/share with the difference of 0.38 depicting the surprise of 41.80%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Penn Virginia Corporation [NASDAQ:PVAC] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.06. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.97 and it’s amount to book ratio is 0.88.
The most recent insider trade was by Mangrove Partners Master Fund,, 10% Owner, and it was the sale of 0.6 million shares on Jun 08. Brooks John A, the President and CEO, completed a purchase of 1000.0 shares on Mar 03. On Feb 07, Strategic Value Partners, LLC, 10% Owner, completed a sale of 0.1 million shares.