Breaking Finance News

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

Capital One has downgraded Penn Virginia (NDAQ:PVAC) from Overweight to Equal Weight in a report released on 07/07/2017.

Previously on Monday April 03, 2017, Canaccord Genuity reported on Penn Virginia (NDAQ:PVAC) increased the target price from $0.00 to $49.00. At the time, this indicated a possible upside of 0.08%.

Just yesterday Penn Virginia (NDAQ:PVAC) traded 1.77% higher at $35.63. Penn Virginia’s 50-day moving average is $37.35 and its 200-day moving average is $43.24. The last closing price is down -12.44% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 63,620 shares of PVAC traded hands, down from an average trading volume of 87,741

Recent Performance Chart

Penn Virginia (NDAQ: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.

Brief Synopsis On Penn Virginia (NDAQ: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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