Alert: Major Price Decline (7/24/24)-Creek Road Miners Inc (NASDAQ: CRKR).

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Creek Road Miners Inc (NASDAQ: CRKR) stock suffered a major decline of -14.9% on 7/24/24. The shares closed at $9.21. However, trading volume in this decline was below average at 77% of normal. The stock has declined -9.3% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CRKR is expected to continue to be Value Creation neutral.

Creek Road Miners has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Creek Road Miners has a neutral Power Rating of 44 but a very low Appreciation Score of 8, triggering the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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