PrimeEnergy Resources Corp [NASDAQ: PNRG] traded at a low on Wednesday, posting a -1.41 loss after which it closed the day’ session at $147.68.
The results of the trading session contributed to over 109697 shares changing hands. Over the past one week, the price volatility of PrimeEnergy Resources Corp stands at 2.10% while the volatility over the past one month is 4.85%.
The market cap for PNRG stock reached $245.23 million, with 1.67 million shares outstanding and 0.58 million shares in the current float. Compared to the average trading volume of 52.23K shares, PNRG reached a trading volume of 109697 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about PrimeEnergy Resources Corp [PNRG]?
The Average True Range (ATR) for PrimeEnergy Resources Corp is set at 9.50, with the Price to Sales ratio for PNRG stock in the period of the last 12 months amounting to 1.02. The Price to Book ratio for the last quarter was 1.21, with the Price to Cash per share for the same quarter was set at 1.26. Price to Free Cash Flow for PNRG in the course of the last twelve months was 22.11 with Quick ratio for the last quarter at 0.49.
How has PNRG stock performed recently?
PrimeEnergy Resources Corp [PNRG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.10. With this latest performance, PNRG shares dropped by -19.27% in over the last four-week period, additionally sinking by -22.13% over the last 6 months – not to mention a rise of 38.47% in the past year of trading.
PrimeEnergy Resources Corp [PNRG]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and PrimeEnergy Resources Corp [PNRG] shares currently have an operating margin of 27.45% and a Gross Margin at 35.22%. PrimeEnergy Resources Corp’s Net Margin is presently recorded at 22.10%.
Return on Equity for this stock inclined to 15.83%, with Return on Assets sitting at 15.83%.
Insider trade positions for PrimeEnergy Resources Corp [PNRG]
There are presently around $21.72%, or 74.04%% of PNRG stock, in the hands of institutional investors. The top three institutional holders of PNRG stocks are: BLACKROCK INC. with ownership of 33348.0 shares, which is approximately 1.8729%. VANGUARD GROUP INC, holding 30870.0 shares of the stock with an approximate value of $$3.28 million in PNRG stocks shares; and VANGUARD GROUP INC, currently with $$3.15 million in PNRG stock with ownership which is approximately 1.6607%.
