Pengrowth Energy Corp (PGH) Receives Consensus Recommendation of “Sell” from Analysts
Shares of Pengrowth Energy Corp (NYSE:PGH) (TSE:PGF) have earned an average recommendation of “Sell” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a sell recommendation and two have issued a hold recommendation on the company.
Several analysts recently issued reports on PGH shares. Zacks Investment Research cut Pengrowth Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 5th. AltaCorp Capital cut Pengrowth Energy from a “sector perform” rating to an “underperform” rating in a research report on Wednesday, May 2nd. Finally, ValuEngine upgraded Pengrowth Energy from a “strong sell” rating to a “sell” rating in a research report on Wednesday, May 2nd.
Shares of NYSE:PGH traded down $0.01 during trading on Tuesday, hitting $0.73. 351,390 shares of the company’s stock were exchanged, compared to its average volume of 397,369. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66. Pengrowth Energy has a 52-week low of $0.54 and a 52-week high of $1.23. The stock has a market capitalization of $405.07 million, a P/E ratio of -0.70 and a beta of 2.10.
Pengrowth Energy Company Profile
Pengrowth Energy Corporation engages in the acquisition, exploration, development, and production of oil and natural gas assets in Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. The company explores for crude oil, bitumen, natural gas, shale gas, and natural gas liquids.
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