Media coverage about Penn Virginia (NASDAQ:PVAC) has trended somewhat positive on Friday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Penn Virginia earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.2307490964268 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of research firms recently weighed in on PVAC. SunTrust Banks began coverage on shares of Penn Virginia in a research report on Wednesday, November 29th. They issued a “buy” rating and a $50.00 price objective on the stock. Northland Securities reaffirmed a “buy” rating and set a $63.00 target price on shares of Penn Virginia in a research report on Friday, November 10th. Finally, Zacks Investment Research lowered shares of Penn Virginia from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Penn Virginia has a consensus rating of “Buy” and a consensus price target of $51.50.
Penn Virginia (PVAC) traded down $0.11 on Friday, reaching $33.39. 103,800 shares of the company’s stock were exchanged, compared to its average volume of 64,063. Penn Virginia has a one year low of $31.00 and a one year high of $61.97. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $502.64 and a PE ratio of 13.79.
In other Penn Virginia news, insider Harry Quarls purchased 5,000 shares of the stock in a transaction that occurred on Monday, November 13th. The shares were purchased at an average cost of $38.72 per share, for a total transaction of $193,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
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About Penn Virginia
Penn Virginia Corporation, an independent oil and gas company, engages in the onshore exploration, development, and production of crude oil, natural gas liquids, and natural gas in the United States. The company primarily operates wells in the Eagle Ford Shale field in South Texas. It also has operations in the Granite Wash in Oklahoma.
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