PrimeEnergy Resources Corp (NASDAQ:PNRG) shares, rose in value on Wednesday, June 18, with the stock price down by -1.41% to the previous day’s close as strong demand from buyers drove the stock to $147.68.
Actively observing the price movement in the last trading, the stock closed the session at $149.79, falling within a range of $145.745 and $150.95. The value of beta (5-year monthly) was 0.248 whereas the PE ratio was 6.93 over 12-month period. Referring to stock’s 52-week performance, its high was $243.49, and the low was $104.56. On the whole, PNRG has fluctuated by -19.27% over the past month.
With the market capitalization of PrimeEnergy Resources Corp currently standing at about $245.23 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2010-Nov-15.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PNRG’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of PNRG currently trading nearly -11.81% and -14.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.71, while the 7-day volatility ratio is showing 2.10% which for the 30-day chart, stands at 4.85%. Furthermore, PrimeEnergy Resources Corp (PNRG)’s beta value is 0.25, and its average true range (ATR) is 9.50.
A comparison of PrimeEnergy Resources Corp (PNRG) with its peers suggests the former has fared considerably weaker in the market. PNRG showed an intraday change of -1.41% in last session, and over the past year, it grew by 38.47%%.
Data on historical trading for PrimeEnergy Resources Corp (NASDAQ:PNRG) indicates that the trading volumes over the past 10 days have averaged 0.13 and over the past 3 months, they’ve averaged 52.23K. According to company’s latest data on outstanding shares, there are 1.67 million shares outstanding.
Nearly 64.83% of PrimeEnergy Resources Corp’s shares belong to company insiders and institutional investors own 21.37% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 36911.0 shares as on 2025-05-30, resulting in a short ratio of 0.83. According to the data, the short interest in PrimeEnergy Resources Corp (PNRG) stood at 560.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 22048.0. The stock has fallen by -32.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PNRG stock heading into the next quarter.
