The Insider Activity Of Pembina Pipeline Corporation (PBA) Is Worth Monitoring

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Pembina Pipeline Corporation (NYSE:PBA) finished Thursday with a subtraction of -$1.82 to close at $31.69, a downside of -5.43 percent. An average of 741,893 shares of common stock have been traded in the last five days. There was a fall of -$3.11 in the past week, and it reached a new high 32 times over the past 12 months. The last 20 days have seen an average of 825,253 shares traded, while the 50-day average volume stands at 751,323.

PBA stock has decreased by -11.35% in the last month. The company shares reached their 1-month lowest point of $31.63 on 09/23/22. With the stock rallying to its 52-week high on 06/08/22, shares of the company touched a low of $28.89 and a high of $42.74 in 52 weeks. It has reached a new high 33 times so far this year and achieved 10.48% or $1.43 in price. In spite of this, the price is down -25.85% from the 52-week high.


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Valuation Metrics

Pembina Pipeline Corporation (PBA) has a trailing price-to-earnings (P/E) ratio of 17.10. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.72, the price-to-book (PB) ratio at 1.52.

The company’s most recent quarterly dividend payment was $0.1660 a share, representing a up of 1.22% from $0.1640 last year. Its latest increase dividend $0.0020 reported on Wednesday September 7 2022.

Financial Health

Its gross profit as reported stood at $2.11 billion compared to revenue of $6.88 billion.

Earnings Surprise

For the three-month period that ended June 29, Pembina Pipeline Corporation had $137.11 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.14 billion in the quarter, while revenues were grew 14.34%. The analyst consensus anticipated Pembina Pipeline Corporation’s latest quarter earnings to come in at $0.55 per share, but it turned out to be $0.51, a -7.30% surprise. For the quarter, EBITDA amounted to $654.3 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Pembina Pipeline Corporation (PBA) price momentum. RSI 9-day as of the close on 22 September was 21.30%, suggesting the stock is oversold, with historical volatility in this time frame at 26.97%.

As of today, PBA’s price is $33.90 -8.92% or -$3.11 from its 5-day moving average. PBA is currently trading -16.38% lower than its 20-day SMA and -15.51% lower than its 100-day SMA. However, the stock’s current price level is -8.45% below the SMA50 and +4.58% above the SMA200.

The stochastic %K and %D were 13.61% and 21.62%, respectively, and the average true range (ATR) was 1.04. With the 14-day stochastic at 2.50% and the average true range at 0.99, the RSI (14) stands at 27.65%. The stock has reached -1.46 on the 9-day MACD Oscillator while the 14-day reading was at -1.69.

Analyst Ratings

Credit Suisse upgraded Pembina Pipeline Corporation (NYSE: PBA) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Neutral.

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