Stock price performance of Parsley Energy, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 3.2% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 2.41% . Looking at the past 52 week period, the stock price is up at 112.84% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Parsley Energy, Inc. has a positive value of 55.93 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 1.96%.The 200 Day SMA reached 17.28%
Parsley Energy, Inc. is having a Relative Strength Index of 36.81 which indicates the stock is not yet over sold or over bought based on the technical indicators. Parsley Energy, Inc. (NYSE:PE) has tumbled 5.18% during the past week and has dropped 4.94% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 5.29%. Parsley Energy, Inc. (NYSE:PE) has underperformed the index by 5.79% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
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. (NYSE:PE) : On Friday heightened volatility was witnessed in Parsley Energy, Inc. (NYSE:PE) which led to swings in the share price. The stock opened for trading at $34.56 and hit $35 on the upside , eventually ending the session at $34.8, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 3,056,811 shares. The 52-week high of the share price is $39.82 and the company has a market cap of $7,224 million. The 52-week low of the share price is at $15.39 .
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.