Permianville Royalty Trust (NYSE:PVL - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by equities researchers at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.
Permianville Royalty Trust Price Performance
Shares of NYSE PVL opened at $1.75 on Wednesday. The company's 50 day simple moving average is $1.90 and its 200 day simple moving average is $1.73. Permianville Royalty Trust has a fifty-two week low of $1.30 and a fifty-two week high of $2.04. The firm has a market capitalization of $57.75 million, a P/E ratio of 17.50 and a beta of 0.42.
Permianville Royalty Trust (NYSE:PVL - Get Free Report) last issued its earnings results on Thursday, August 14th. The company reported $0.01 EPS for the quarter. Permianville Royalty Trust had a net margin of 5.79% and a return on equity of 7.18%. The firm had revenue of $11.22 million during the quarter.
Permianville Royalty Trust Company Profile
(
Get Free Report)
Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Permianville Royalty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Permianville Royalty Trust wasn't on the list.
While Permianville Royalty Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
