On 7/25/24, Core Laboratories NV (NYSE: CLB) stock enjoyed a major increase of 10.6%, closing at $24.35. Moreover, this advance was accompanied by exceptionally high trading volume at 238% of normal. The stock has performed in line with the market over the last nine months and has risen 1.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CLB is expected to continue to be a major Value Builder.
Core Laboratories has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Core Laboratories has a slightly negative Power Rating of 36 and a very low Appreciation Score of 12, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive 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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