PEO Stock Summary and Trading Ideas (Adams Natural Resources I | NYSE:PEO)

The funds investment objectives is to seek current income, opportunity for capital gain and preservation of capital. The fund invests primarily in energy and other natural resources stocks.

Adams Natural Resources I trades on the NYSE stock market under the symbol PEO.

As of April 18, 2024, PEO stock price declined to $23.15 with 39,482 million shares trading.

PEO has a beta of 0.53, meaning it tends to be less sensitive to market movements. PEO has a correlation of 0.11 to the broad based SPY ETF.

PEO has a market cap of $590.66 million. This is considered a Small Cap stock.

In the last 3 years, PEO stock traded as high as $24.61 and as low as $14.07.

PEO stock has underperformed the market in the last year with a return of +14.9%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PEO shares. However, PEO has outperformed the market in the last 3 month and 2 week periods, returning +15.8% and -2.4%, while SPY returned +6.1% and -3.8%, respectively. This indicates PEO has been having a stronger performance recently.

PEO support price is $22.99 and resistance is $23.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PEO stock will trade within this expected range on the day.