Press coverage about Penn Virginia (NASDAQ:PVAC) has been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Penn Virginia earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the company an impact score of 47.5070501005685 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
Penn Virginia (NASDAQ:PVAC) traded up $1.52 during mid-day trading on Friday, hitting $36.05. The stock had a trading volume of 519,837 shares, compared to its average volume of 146,854. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.70 and a quick ratio of 0.70. The company has a market cap of $542.30, a P/E ratio of 16.54 and a beta of 1.56. Penn Virginia has a 12 month low of $31.00 and a 12 month high of $50.00.
Penn Virginia (NASDAQ:PVAC) last posted its quarterly earnings results on Thursday, March 1st. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.17. The company had revenue of $54.33 million during the quarter, compared to the consensus estimate of $55.95 million. Penn Virginia had a return on equity of 20.39% and a net margin of 20.56%. analysts predict that Penn Virginia will post 8.87 EPS for the current fiscal year.
PVAC has been the subject of a number of recent analyst reports. Northland Securities set a $63.00 price objective on Penn Virginia and gave the company a “buy” rating in a research note on Wednesday, January 3rd. BidaskClub downgraded Penn Virginia from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th. Zacks Investment Research downgraded Penn Virginia from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 4th. Finally, SunTrust Banks set a $55.00 price objective on Penn Virginia and gave the company a “buy” rating in a research note on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $54.75.
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Penn Virginia 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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