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PermRock Royalty Trust is an oil & gas e&p business based in the US. PermRock Royalty Trust shares (PRT) are listed on the NYSE and all prices are listed in US Dollars.
|Latest market close||$7.71|
|52-week range||$1.70 - $7.33|
|50-day moving average||$6.72|
|200-day moving average||$6.53|
|Wall St. target price||$2.00|
|Dividend yield||$0.306 (4.31%)|
|Earnings per share (TTM)||$0.31|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-19)||10.30%|
|1 month (2021-09-24)||17.17%|
|3 months (2021-07-26)||11.26%|
|6 months (2021-04-26)||38.92%|
|1 year (2020-10-26)||285.50%|
|2 years (2019-10-25)||16.11%|
|3 years (2018-10-26)||12.7|
|5 years (2016-10-22)||N/A|
Valuing PermRock Royalty Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PermRock Royalty Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
PermRock Royalty Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, PermRock Royalty Trust shares trade at around 24x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Revenue TTM||$4.5 million|
|Operating margin TTM||82.43%|
|Gross profit TTM||$3.2 million|
|Return on assets TTM||2.63%|
|Return on equity TTM||4.23%|
|Market capitalisation||$89.2 million|
TTM: trailing 12 months
There are currently 13,259 PermRock Royalty Trust shares held short by investors – that's known as PermRock Royalty Trust's "short interest". This figure is 47% up from 9,021 last month.
There are a few different ways that this level of interest in shorting PermRock Royalty Trust shares can be evaluated.
PermRock Royalty Trust's "short interest ratio" (SIR) is the quantity of PermRock Royalty Trust shares currently shorted divided by the average quantity of PermRock Royalty Trust shares traded daily (recently around 32339.024390244). PermRock Royalty Trust's SIR currently stands at 0.41. In other words for every 100,000 PermRock Royalty Trust shares traded daily on the market, roughly 410 shares are currently held short.
However PermRock Royalty Trust's short interest can also be evaluated against the total number of PermRock Royalty Trust shares, or, against the total number of tradable PermRock Royalty Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PermRock Royalty Trust's short interest could be expressed as 0% of the outstanding shares (for every 100,000 PermRock Royalty Trust shares in existence, roughly 0 shares are currently held short) or 0.0021% of the tradable shares (for every 100,000 tradable PermRock Royalty Trust shares, roughly 2 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PermRock Royalty Trust.
Find out more about how you can short PermRock Royalty Trust stock.
Dividend payout ratio: 63.96% of net profits
Recently PermRock Royalty Trust has paid out, on average, around 63.96% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.94% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PermRock Royalty Trust shareholders could enjoy a 6.94% return on their shares, in the form of dividend payments. In PermRock Royalty Trust's case, that would currently equate to about $0.306 per share.
PermRock Royalty Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
PermRock Royalty Trust's most recent dividend payout was on 14 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 27 October 2021 (the "ex-dividend date").
Over the last 12 months, PermRock Royalty Trust's shares have ranged in value from as little as $1.7002 up to $7.33. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PermRock Royalty Trust's is 1.5653. This would suggest that PermRock Royalty Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in Permian Basin, Texas. Its underlying properties comprising 22,997 net acres, which include 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry counties, Texas; 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran counties, Texas; 14,727 net acres on the Eastern Shelf of the Permian Basin in Glasscock, Schleicher, Stonewall, and Coke counties, Texas; and 4,169 net acres on the Central Basin Platform of the Permian Basin in Ward, Crane, Terry, and Ector counties, Texas. The company was founded in 2017 and is based in Fort Worth, Texas. .
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