Why PDC Energy, Inc. (PDCE) Is in Such attractive Condition

PDC Energy, Inc. (NASDAQ:PDCE) went up by 9.19% from its latest closing price compared to the recent 1-year high of $36.49. The company’s stock price has collected -13.00% of loss in the last five trading sessions.

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Is It Worth Investing in PDC Energy, Inc. (NASDAQ :PDCE) Right Now?

Plus, the 36-month beta value for PDCE is at 3.15. Opinions of the stock are interesting as 14 analysts out of 17 who provided ratings for PDC Energy, Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $22.25, which is -$12.89 below the current price. PDCE currently public float of 98.45M and currently shorts hold a 10.07% ratio of that float. Today, the average trading volume of PDCE was 1.56M shares.

PDCE’s Market Performance

PDCE stocks went down by -13.00% for the week, with a monthly drop of -19.72% and a quarterly performance of -10.33%, while its annual performance rate touched -62.32%. The volatility ratio for the week stands at 11.77% while the volatility levels for the past 30 days are set at 6.32% for PDC Energy, Inc.. The simple moving average for the period of the last 20 days is -12.06% for PDCE stocks with a simple moving average of -19.12% for the last 200 days.

Analysts’ Opinion of PDCE

Many brokerage firms have already submitted their reports for PDCE stocks, with Goldman repeating the rating for PDCE by listing it as a “Buy.” The predicted price for PDCE in the upcoming period, according to Goldman is $20 based on the research report published on August 13th of the current year 2020.

Stifel, on the other hand, stated in their research note that they expect to see PDCE reach a price target of $21, previously predicting the value of $14. The rating they have provided for PDCE stocks is “Buy” according to the report published on May 21st, 2020.

Stifel gave a rating of “ Hold” to PDCE, setting the target price at $11 in the report published on April 3rd of the current year.

PDCE Trading at -12.73% from the 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, the company was unable to rebound, for now settling with -64.69% of loss for the given period.

Volatility was left at 6.32%, however, over the last 30 days, the volatility rate increased by 11.77%, as shares sank -18.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.97% lower at present.

During the last 5 trading sessions, PDCE fell by -13.00%, which changed the moving average for the period of 200-days by -43.31% in comparison to the 20-day moving average, which settled at $14.50. In addition, PDC Energy, Inc. saw -50.76% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PDCE starting from SWOVELAND JEFFREY C, who bought 7,135 shares at the price of $10.51 back on May 13. After this action, SWOVELAND JEFFREY C now owns 26,901 shares of PDC Energy, Inc., valued at $74,989 using the latest closing price.

Ellis Mark E, the Director of PDC Energy, Inc., bought 5,000 shares at $17.50 during a trade that took place back on Mar 03, which means that Ellis Mark E is holding 27,752 shares at $87,500 based on the most recent closing price.

Stock Fundamentals for PDCE

Current profitability levels for the company are sitting at:

  • +16.04 for the present operating margin
  • +29.17 for the gross margin

The net margin for PDC Energy, Inc. stands at -4.30. The total capital return value is set at 5.81, while invested capital returns managed to touch -1.56. Equity return is now at value -27.10, with -13.60 for asset returns.

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Based on PDC Energy, Inc. (PDCE), the company’s capital structure generated 52.14 points at debt to equity in total, while total debt to capital is 34.27. Total debt to assets is 26.87, with long-term debt to equity ratio resting at 2.50. Finally, the long-term debt to capital ratio is 51.64.

When we switch over and look at the enterprise to sales, we see a ratio of 2.19, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 5.89 and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.

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