In the past week, PBT stock has gone down by -5.54%, with a monthly decline of -17.61% and a quarterly plunge of -7.77%. The volatility ratio for the week is 5.36%, and the volatility levels for the last 30 days are 4.82% for Permian Basin Royalty Trust The simple moving average for the past 20 days is -13.90% for PBT’s stock, with a -11.05% simple moving average for the past 200 days.
Is It Worth Investing in Permian Basin Royalty Trust (NYSE: PBT) Right Now?
Permian Basin Royalty Trust (NYSE: PBT) has a higher price-to-earnings ratio of 13.59x compared to its average ratio, The 36-month beta value for PBT is at 0.68. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for PBT is 41.95M, and currently, shorts hold a 0.54% of that float. The average trading volume for PBT on December 27, 2024 was 158.63K shares.
PBT) stock’s latest price update
Permian Basin Royalty Trust (NYSE: PBT)’s stock price has dropped by -5.79 in relation to previous closing price of 11.22. Nevertheless, the company has seen a loss of -5.54% in its stock price over the last five trading days. prnewswire.com reported 2024-12-20 that DALLAS, Dec. 20, 2024 /PRNewswire/ — Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) (“Permian” or the “Trust”) today declared a cash distribution to the holders of its units of beneficial interest of $0.021939 per unit, payable on January 15, 2025, to unit holders of record on December 31, 2024. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs (“Production Costs”) exceeded gross proceeds (“Gross Proceeds”) for the month of November, resulting in an excess cost position for the Waddell Ranch properties.
Analysts’ Opinion of PBT
Many brokerage firms have already submitted their reports for PBT stocks, with Citigroup repeating the rating for PBT by listing it as a “Hold.” The predicted price for PBT in the upcoming period, according to Citigroup is $20 based on the research report published on March 12, 2008 of the previous year 2008.
PBT Trading at -12.66% from the 50-Day Moving Average
After a stumble in the market that brought PBT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.06% of loss for the given period.
Volatility was left at 4.82%, however, over the last 30 days, the volatility rate increased by 5.36%, as shares sank -19.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.58% lower at present.
During the last 5 trading sessions, PBT fell by -5.54%, which changed the moving average for the period of 200-days by -12.50% in comparison to the 20-day moving average, which settled at $12.28. In addition, Permian Basin Royalty Trust saw -24.28% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PBT
Current profitability levels for the company are sitting at:
- 0.96 for the present operating margin
- 1.0 for the gross margin
The net margin for Permian Basin Royalty Trust stands at 0.96. The total capital return value is set at 23.34.
Based on Permian Basin Royalty Trust (PBT), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06.
Currently, EBITDA for the company is 27.98 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 13.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
In conclusion, Permian Basin Royalty Trust (PBT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
