Cross Timbers Royalty Trust (NYSE: CRT) stock closed at $13.03 on 3/20/24 after a major decline of -12.6%. Moreover, trading volume in this decline was exceptionally high at 563% of normal. The stock has declined -23.3% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CRT is expected to continue to be a major Value Builder.
Cross Timbers Royalty Trust has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cross Timbers Royalty Trust has a good Appreciation Score of 84 but a poor Power Rating of 22, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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