Penn Virginia Corporation (NASDAQ:PVAC) Earns Daily News Impact Rating of 0.13
News stories about Penn Virginia Corporation (NASDAQ:PVAC) have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Penn Virginia Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.8839760083678 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
PVAC has been the topic of a number of analyst reports. Capital One Financial Corporation downgraded shares of Penn Virginia Corporation from an “overweight” rating to an “equal weight” rating in a research note on Friday, July 7th. Northland Securities set a $60.00 price objective on shares of Penn Virginia Corporation and gave the stock a “buy” rating in a research note on Monday, July 17th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $53.00.
Shares of Penn Virginia Corporation (PVAC) traded up 1.77% during midday trading on Friday, reaching $37.86. 63,620 shares of the company’s stock were exchanged. The company has a market cap of $567.60 million and a P/E ratio of 1.74. Penn Virginia Corporation has a 12 month low of $15.00 and a 12 month high of $61.97. The firm has a 50 day moving average price of $37.35 and a 200 day moving average price of $43.24.
About Penn Virginia Corporation
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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