Penn Virginia Corporation (NASDAQ:PVAC) insider Harry Quarls purchased 5,000 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was bought at an average cost of $34.64 per share, for a total transaction of $173,200.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Harry Quarls also recently made the following trade(s):
- On Monday, November 13th, Harry Quarls purchased 5,000 shares of Penn Virginia stock. The stock was bought at an average cost of $38.72 per share, for a total transaction of $193,600.00.
Shares of Penn Virginia Corporation (NASDAQ:PVAC) traded down $0.62 during trading on Thursday, reaching $34.31. The company’s stock had a trading volume of 221,387 shares, compared to its average volume of 61,697. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.06. The stock has a market cap of $527.85 and a PE ratio of 14.48. Penn Virginia Corporation has a 1-year low of $31.00 and a 1-year high of $61.97.
A number of brokerages have commented on PVAC. SunTrust Banks began coverage on Penn Virginia in a research note on Wednesday. They issued a “buy” rating and a $50.00 price target on the stock. Zacks Investment Research cut Penn Virginia from a “hold” rating to a “sell” rating in a research note on Wednesday, November 22nd. Finally, Northland Securities reaffirmed a “buy” rating and issued a $63.00 price target on shares of Penn Virginia in a research note on Friday, November 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $51.50.
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About Penn Virginia
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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