Primeenergy Resources Corp (NASDAQ:PNRG) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $129.09 and traded as high as $150.48. Primeenergy Resources shares last traded at $149.69, with a volume of 3,400 shares changing hands.
PNRG has been the subject of a number of research reports. ValuEngine cut shares of Primeenergy Resources from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. TheStreet raised shares of Primeenergy Resources from a “c” rating to a “b-” rating in a research note on Thursday, August 29th.
The business has a fifty day simple moving average of $141.63 and a 200 day simple moving average of $129.09. The firm has a market cap of $280.35 million, a price-to-earnings ratio of 28.59 and a beta of 0.57. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.17 and a quick ratio of 1.17.
Primeenergy Resources Company Profile (NASDAQ:PNRG)
PrimeEnergy Resources Corporation, an independent oil and natural gas company, through its subsidiaries, engages in acquiring, developing, and producing oil and natural gas properties in the United States. It also acquires producing oil and gas properties through joint ventures with industry partners; and provides contract services to third parties, including well-servicing support operations, site-preparation, and construction services for oil and gas drilling and reworking operations.
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