Penn Virginia Corporation (PVA) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $15.67 to $17.78 in the past one-month time frame.
This U.S.-based oil exploration and production witnessed 3 downward revisions over the past 30 days. The Zacks Consensus Estimate however remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near term.
Penn Virginia Corporation holds a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However some better-ranked stocks in the same sector include Athlon Energy Inc. (ATHL), Rex Energy Corporation (REXX) and RSP Permian, Inc. (RSPP). All these stocks sport a Zacks Rank #1 (Strong Buy).
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PENN VIRGINIA CORP (PVA): Free Stock Analysis Report
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RSP PERMIAN INC (RSPP): Free Stock Analysis Report
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