Parsley Energy, Inc. (PE) had a weak trading session and its shares were last down at $34.93, down -0.29% or -0.82 points. The trading data also revealed that the total net flow stood at $2.13 million as the shares had $5.13 million in upticks but lost $3 million in downticks. The up/down ratio was 1.71. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -4.82% in the shares.The block trade data suggests an inflow of $2.72 million in upticks and an outflow of $0 million in downticks. The up/down ratio for the block stood at 0. The net money flow for this transaction was recorded at $2.72.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.
Parsley Energy, Inc. has lost 3.25% in the last five trading days and dropped 0.43% in the last 4 weeks. Parsley Energy, Inc. is up 6.66% in the last 3-month period. Year-to-Date the stock performance stands at -0.43%. Parsley Energy, Inc. (NYSE:PE) witnessed a decline in the market cap on Wednesday as its shares dropped 0.37% or 0.13 points. After the session commenced at $35.83, the stock reached the higher end at $35.97 while it hit a low of $34.465. With the volume soaring to 3,696,853 shares, the last trade was called at $35.09. The company has a 52-week high of $39.82. The company has a market cap of $7,285 million and there are 207,599,190 shares in outstanding. The 52-week low of the share price is $15.39.
Company has reported several Insider transactions to the SEC, on Dec 9, 2016, Mike Hinson (officer ) sold 25,000 shares at 36.05 per share price.On Dec 2, 2016, Bryan Sheffield (director officer 10% owner ) sold 312,500 shares at 34.93 per share price.On Nov 18, 2016, Ryan Dalton (officer ) sold 20,000 shares at 35.01 per share price.
Parsley Energy Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.03 EPS for the quarter. Analyst had a consensus estimate of $0.03. The company had revenue of $132.67 million for the quarter, compared to analysts expectations of $129.31 million. The companys revenue was up 106.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.08 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Jan 17, 2017 to Outperform, Raises Price Target to $ 45 from a previous price target of $42 .
Parsley Energy, Inc. is an independent oil and natural gas company. It is focused on the acquisition, development, and exploitation of unconventional oil and natural gas reserves in the Permian Basin. Parsley Energy, Inc. is headquartered in Midland, Texas.