Par Pacific Holdings Inc.’s results are impressive

The share price of Par Pacific Holdings Inc. (NYSE:PARR) fell to $21.12 per share on Wednesday from $21.55. While Par Pacific Holdings Inc. has underperformed by -2.00%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PARR rose by 34.87%, with highs and lows ranging from $30.49 to $13.72, whereas the simple moving average fell by -7.71% in the last 200 days.

Analysis of Par Pacific Holdings Inc. (PARR)

Further, the quarter-over-quarter increase in sales is 24.80%, showing a positive trend in the upcoming months.

To gain a thorough understanding of Par Pacific Holdings Inc.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 125.40% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.60, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

It is also very valuable to look at average volume as an indicator of volatility for a stock, and PARR is recording an average volume of 945.32K. On a monthly basis, the volatility of the stock is set at 4.09%, whereas on a weekly basis, it is put at 3.17%, with a loss of -2.45% over the past seven days. Furthermore, long-term investors anticipate a median target price of $29.60, showing growth from the present price of $21.12, which can serve as yet another indication of whether PARR is worth investing in or should be passed over.

How Do You Analyze Par Pacific Holdings Inc. Shares?

A leading company in the Oil & Gas Refining & Marketing sector, Par Pacific Holdings Inc. (PARR) is based in the USA. When comparing Par Pacific Holdings Inc. shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 1.72, there is a growth in quarterly earnings of 268.90%.

The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.60%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 94.30% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in PARR shares?

The recent increase in stakes in PARR appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in PARR has decreased by -3.95% in the first quarter. The company now owns 6,987,906 shares of the stock, with a value of $163.73 million, following the sale of -287,277 additional shares during the last quarter. The Vanguard Group, Inc. made another increased to its shares in PARR during the first quarter, upping its stake by 13.22%.

At the end of the first quarter, SSgA Funds Management, Inc. decreased its PARR holdings by -21.56% and now holds 2.88 million PARR shares valued at $67.38 million with the lessened -0.79 million shares during the period. PARR shares are owned by institutional investors to the tune of 94.30% at present.