PDC Energy, Inc. (NASDAQ:PDCE) went up by 8.46% from its latest closing price when compared to the 1-year high value of $47.29 and move down -504.73%, while PDCE stocks collected +56.09% of gains with the last five trading sessions. Press Release reported on 03/11/20 that PDC Energy Announces Update to 2020 Operating Plan
PDC Energy, Inc. (NASDAQ:PDCE) Worth an Investment?
PDC Energy, Inc. (NASDAQ: PDCE) The 36 Months beta value for PDCE stocks is at 2.08, while of the analysts out of 0 who provided ratings for PDC Energy, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $21.55 which is $20.76 above current price. PDCE currently has a short float of and public float of with average trading volume of 2.29M shares.
PDCE Market Performance
PDCE stocks went up by 56.09% for the week, with the monthly drop of -59.82% and a quarterly performance of -70.51%, while its annual performance rate touched -81.66%. The simple moving average for the period of the last 20 days is -31.27% for PDCE stocks with the simple moving average of -69.01% for the last 200 days.
Analysts’ Opinion on PDC Energy, Inc. (NASDAQ:PDCE)
Many brokerage firms have already submitted their reports for PDCE stocks, with Credit Suisse repeating the rating for PDCE shares by setting it to “Outperform”. The predicted price for PDCE socks in the upcoming period according to Credit Suisse is $15 based on the research report published on March 19, 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see PDCE stock at the price of $35, previously predicting the value of $43. The rating they have provided for PDCE stocks is “Overweight” according to the report published on March 10, 2020.
Stifel gave “ Hold” rating to PDCE stocks, setting the target price at $14 in the report published on March 9, 2020.
PDCE Stocks -56.39% Far from 50 Day Moving Average
After a stumble in the market that brought PDCE to its low price for the period of the last 52 weeks, PDC Energy, Inc. was unable to take a rebound, for now settling with -83.46% of loss for the given period.
The stock volatility was left at 24.39%, however, within the period of a single month, the volatility rate increased by 20.28%, while the shares sank at the distance of -57.59% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -69.67% lower at the present time.
In the course of the last 5 trading sessions, PDCE went up by +56.09%, which changed the moving average for the period of 200 days to the total of -76.29% of losses for the stock in comparison to the 20-day moving average settled at $10.85. In addition, PDC Energy, Inc. saw -70.12% in overturn over the period of a single year with a tendency to cut further losses.
PDCE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at PDC Energy, Inc. (PDCE), starting from Ellis Mark E, who bought 5,000 shares at the price of $17.50 back on Mar 03. After this action, Rushing now owns 27,752 shares of PDC Energy, Inc., valued at $87,500 with the latest closing price.
Ellis Mark E, the Director of PDC Energy, Inc., bought 5,000 shares at the value of $18.50 during a trade that took place back on Mar 02, which means that Ellis Mark E is holding 22,752 shares at the value of $92,500 based on the most recent closing price.
PDCE Stock Fundamentals
The current profitability levels are settled at +16.04 for the present operating margin and +29.17 for gross margin. The net margin for PDC Energy, Inc. stands at -4.30. Equity return holds the value -2.40%, with -1.20% for asset returns.