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Penn Virginia (NASDAQ:PVAC) has been downgraded from Overweight to Equal Weight in a report by CapitalOne today.

CapitalOne has downgraded Penn Virginia (NASDAQ:PVAC) from Overweight to Equal Weight in a statement released on 7/07/2017.

On 3/31/2017, Canaccord Genuity released a statement on Penn Virginia (NASDAQ:PVAC) upped the target price from $0.00 to $49.00. At the time, this indicated a possible upside of 0.09%.

Yesterday Penn Virginia (NASDAQ:PVAC) traded 1.77% higher at $36.03. PVAC’s 50-day average is $37.35 and its two hundred day average is $43.24. With the last stock price close down -12.44% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. Trade Volume was down over the average, with 63,620 shares of PVAC changing hands under the typical 87,741

See Chart Below

Penn Virginia (NASDAQ:PVAC)

Penn Virginia has 52 week low of $31.00 and a 52 week high of $61.97 with a PE ratio of 1.74 and has a market capitalization of $0.

General Information About Penn Virginia (NASDAQ:PVAC)

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. As of December 31, 2016, the company had total proved reserves of approximately 50 million barrels of oil equivalent; and 431 gross productive wells, as well as owned approximately 130,000 gross acres of leasehold and royalty interests. Penn Virginia Corporation was founded in 1882 and is headquartered in Houston, Texas.

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