- PGH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.1 million.
- PGH has traded 1.5 million shares today.
- PGH is down 3.3% today.
- PGH was up 8.3% yesterday.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in PGH with the Ticky from Trade-Ideas. See the FREE profile for PGH NOW at Trade-Ideas More details on PGH: Pengrowth Energy Corporation, together with its subsidiaries, acquires, explores for, develops, and produces oil and natural gas reserves in the provinces of Alberta, British Columbia, Saskatchewan, and Nova Scotia in Canada. The stock currently has a dividend yield of 16.3%. Currently there are 4 analysts that rate Pengrowth Energy a buy, no analysts rate it a sell, and 2 rate it a hold. The average volume for Pengrowth Energy has been 3.2 million shares per day over the past 30 days. Pengrowth Energy has a market cap of $1.4 billion and is part of the basic materials sector and energy industry. Shares are down 59.4% year-to-date as of the close of trading on Thursday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreetRatings.com Analysis:TheStreet Quant Ratings rates Pengrowth Energy as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. Highlights from the ratings report include:
- PGH's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 59.29%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Oil, Gas & Consumable Fuels industry and the overall market, PENGROWTH ENERGY CORP's return on equity significantly trails that of both the industry average and the S&P 500.
- PENGROWTH ENERGY CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, PENGROWTH ENERGY CORP swung to a loss, reporting -$0.61 versus $0.04 in the prior year.
- The current debt-to-equity ratio, 0.49, is low and is below the industry average, implying that there has been successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.34 is very weak and demonstrates a lack of ability to pay short-term obligations.
- The gross profit margin for PENGROWTH ENERGY CORP is currently very high, coming in at 72.54%. It has increased significantly from the same period last year. Along with this, the net profit margin of 13.16% is above that of the industry average.
- You can view the full Pengrowth Energy Ratings Report.