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Parsley Energy-A Shares Up 17.6% Since SmarTrend's Buy Recommendation (PE)

By Shiri Gupta

SmarTrend identified an Uptrend for Parsley Energy-A (NYSE:PE) on August 21st, 2019 at $16.63. In approximately 4 weeks, Parsley Energy-A has returned 17.62% as of today's recent price of $19.56.

In the past 52 weeks, shares of Parsley Energy-A have traded between a low of $13.72 and a high of $31.05 and are now at $19.56, which is 43% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.2%.

Parsley Energy, Inc, is an oil and natural gas company. The Company focused on the acquisition, development, and exploitation of unconventional oil and natural gas reserves. Parsley Energy serves customers in the State of Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Parsley Energy-A shares.

Log in and add Parsley Energy-A (PE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights parsley energy-a

Ticker(s): PE