Technical Analysis of Pengrowth Energy Corporation (NYSE:PGH)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Pengrowth Energy Corporation (NYSE:PGH) for the period of 9-Day stands at 36.63% while the stochastic %D for the same period stands at 59.77%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Pengrowth Energy Corporation (NYSE:PGH) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Pengrowth Energy Corporation (NYSE:PGH) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Pengrowth Energy Corporation (NYSE:PGH)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Pengrowth Energy Trust is a Canadian energy trust with crude oil and natural gas properties in the Western Canadian Sedimentary Basin and offshore the East Coast of Canada.

Previous Day Activity Analysis

On the last trading day, Pengrowth Energy Corporation (NYSE:PGH) opened the session at $0.99 and after going down -9.02% closed at $0.93. The stock lost -0.06 points in the last trade.

Pengrowth Energy Corporation (NYSE:PGH)’s stock fluctuated in the range of $0.910 and $1.000 during the previous active session. Pengrowth Energy Corporation (NYSE:PGH) traded with the volume of 1.22 Million with average volume of 848.51 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.49 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.07 and 41.08 respectively.

Currently the Insider Ownership of the shares of Pengrowth Energy Corporation (NYSE:PGH) is at 1.4% and the shares outstanding are 623.33 Million.

Important Ratio Analysis

Some important ratios to consider here for Pengrowth Energy Corporation (NYSE:PGH) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 1.22 and 0.56 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 2.15 correspondingly.

The Quick Ratio of Pengrowth Energy Corporation (NYSE:PGH) stands at 1.3 while the Current Ratio depicts the value of 1.3.

Return on Assets ROA of Pengrowth Energy Corporation (NYSE:PGH) is at -12.7% whereas, Return on Equity ROE and Return of Investment ROI of Pengrowth Energy Corporation (NYSE:PGH) stand at -33.7% and -5% respectively.

Stock Performance Analysis

The stock performance of Pengrowth Energy Corporation (NYSE:PGH) on the basis of 5 day trade show the dip of -20.68% whereas, the monthly performance of the stock shows decrease of -10.77%.

The quarterly performance of the stock remained in green zone with the value of 64.16% while six month performance of the shares of Pengrowth Energy Corporation (NYSE:PGH) remained bearish with the count of -12.45%.

The yearly and YTD performance of Pengrowth Energy Corporation (NYSE:PGH) remained down at -25.76% and -34.65% respectively.