Penn West Petroleum Ltds in-depth stock price analysis indicates that the stock price has rallied 4.94% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.94% . Looking at the past 52 week period, the stock price is up at 104.82% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Penn West Petroleum Ltd has a positive value of 90.34 compared to overall market. Penn West Petroleum Ltd (NYSE:PWE) has tumbled 1.73% during the past week and has dropped 10.05% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.53%. Penn West Petroleum Ltd (NYSE:PWE) has underperformed the index by 11.66% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Penn West Petroleum Ltd (NYSE:PWE) : On Friday heightened volatility was witnessed in Penn West Petroleum Ltd (NYSE:PWE) which led to swings in the share price. The stock opened for trading at $1.7 and hit $1.72 on the upside , eventually ending the session at $1.7, with a gain of 1.8% or 0.03 points. The heightened volatility saw the trading volume jump to 1,143,566 shares. The 52-week high of the share price is $2.05 and the company has a market cap of $854 million. The 52-week low of the share price is at $0.608 .
Penn West Petroleum Ltd (USA) Last issued its quarterly earnings results on Mar 10, 2016. The company reported $-3.20 EPS for the quarter, missing the analyst consensus estimate by $ -2.96. Analyst had a consensus of $-0.24. The company had revenue of $273.00 million for the quarter.The companys revenue was down -42.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-3.57 EPS.
PENN WEST ENERGY TRUST is a senior oil and natural gas energy trust based in Calgary, Alberta. Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange under the symbol PWE.