Ashton Thomas Private Wealth LLC Purchases Shares of 1,690,973 Permianville Royalty Trust (NYSE:PVL)

Ashton Thomas Private Wealth LLC bought a new stake in Permianville Royalty Trust (NYSE:PVL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,690,973 shares of the company's stock, valued at approximately $2,300,000. Ashton Thomas Private Wealth LLC owned approximately 5.12% of Permianville Royalty Trust at the end of the most recent quarter.

Permianville Royalty Trust Stock Down 0.0 %

Shares of PVL traded down $0.00 on Wednesday, hitting $1.53. 54,250 shares of the stock traded hands, compared to its average volume of 61,331. Permianville Royalty Trust has a 1 year low of $1.03 and a 1 year high of $1.96. The firm has a market capitalization of $50.49 million, a P/E ratio of 7.29 and a beta of 0.89. The stock's 50 day moving average is $1.46 and its two-hundred day moving average is $1.54.

Permianville Royalty Trust Profile

Permianville Royalty Trust operates as a statutory trust. It is involved in the acquisition and holding of net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico.