The market has been down on PDC Energy Inc (PDCE) stock recently. PDCE gets a Bearish score from InvestorsObserver Stock Sentiment Indicator. PDC Energy Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PDCE! See Full PDCE Report What is Stock Sentiment? In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available. What's Happening With PDCE Stock Today? PDC Energy Inc (PDCE) stock is lower by -4.1% while the S&P 500 is up 1.84% as of 3:05 PM on Wednesday, Sep 7. PDCE has fallen -$2.66 from the previous closing price of $64.83 on volume of 640,129 shares. Over the past year the S&P 500 has fallen -11.95% while PDCE is up 47.15%. PDCE earned $12.64 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.92. To screen for more stocks like PDC Energy Inc click here. More About PDC Energy Inc PDC Energy is an exploration and production company in the crude oil, natural gas, and natural gas liquids industries. The company has an operation in the Wattenberg Field in Colorado and an operation in the Delaware Basin in Texas. The company remains flexible in terms of rig activity and capital deployment because of short-term rig contracts and held-by-production acreage. Through a technology focus, PDC implements multiwell drilling, extended laterals, increased frac stage density, enhanced frac design, and drilling efficiencies. The acquisition of SRC led to an increase in net acres to the company's asset portfolio. Natural gas production is the biggest contributor to the company's revenue, with production greatest in the Wattenberg Field. Click Here to get the full Stock Report for PDC Energy Inc stock.
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