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PermRock Royalty Trust (NYSE: PRT) closed the day trading at $3.24 down -4.14% from the previous closing price of $3.38. In other words, the price has decreased by -$4.14 from its previous closing price. On the day, 0.12 million shares were traded. PRT stock price reached its highest trading level at $3.44 during the session, while it also had its lowest trading level at $3.235.
Ratios:
For a better understanding of PRT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.64 and its Current Ratio is at 3.64. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On May 29, 2018, Stifel started tracking the stock assigning a Buy rating and target price of $17.Stifel initiated its Buy rating on May 29, 2018, with a $17 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRT now has a Market Capitalization of 39416976 and an Enterprise Value of 38038136. As of this moment, PermRock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.56 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 6.33.
Stock Price History:
The Beta on a monthly basis for PRT is 0.71, which has changed by -0.07901907 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, PRT has reached a high of $4.63, while it has fallen to a 52-week low of $3.37. The 50-Day Moving Average of the stock is -16.09%, while the 200-Day Moving Average is calculated to be -17.89%.
Shares Statistics:
Over the past 3-months, PRT traded about 34.20K shares per day on average, while over the past 10 days, PRT traded about 54990 shares per day. A total of 12.17M shares are outstanding, with a floating share count of 7.27M. Insiders hold about 40.23% of the company’s shares, while institutions hold 1.79% stake in the company. Shares short for PRT as of 1764288000 were 119874 with a Short Ratio of 3.84, compared to 1761868800 on 128584. Therefore, it implies a Short% of Shares Outstanding of 119874 and a Short% of Float of 1.6500000000000001.
Dividends & Splits
PRT’s forward annual dividend rate is 0.42, up from 0.421 a year ago. Against a Trailing Annual Dividend Yield of 0.12455621. The stock’s 5-year Average Dividend Yield is 10.15.
