Penn Virginia Corporation (PVAC) Receives News Impact Rating of 0.14
News stories about Penn Virginia Corporation (NASDAQ:PVAC) have been trending somewhat positive on Saturday, according to Accern. Accern scores the sentiment of news coverage by reviewing 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 Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.2712758464156 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of research firms recently weighed in on PVAC. Northland Securities reiterated a “buy” rating and issued a $63.00 price objective on shares of Penn Virginia Corporation in a research note on Friday. Zacks Investment Research lowered shares of Penn Virginia Corporation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 7th. Finally, Capital One Financial Corporation upgraded shares of Penn Virginia Corporation from an “equal weight” rating to an “overweight” rating in a research note on Monday, July 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Penn Virginia Corporation currently has a consensus rating of “Buy” and an average target price of $52.00.
Penn Virginia Corporation (PVAC) traded down $0.07 during trading on Friday, reaching $38.72. 108,100 shares of the company were exchanged, compared to its average volume of 57,993. Penn Virginia Corporation has a fifty-two week low of $15.00 and a fifty-two week high of $61.97. The stock has a market cap of $582.02 and a price-to-earnings ratio of 15.96. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.99 and a quick ratio of 0.99.
In other news, insider Harry Quarls purchased 5,000 shares of Penn Virginia Corporation stock in a transaction dated Thursday, August 17th. The stock was purchased at an average cost of $38.73 per share, for a total transaction of $193,650.00. Following the transaction, the insider now directly owns 28,227 shares of the company’s stock, valued at $1,093,231.71. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.
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Penn Virginia Corporation Company Profile
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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