Recent exceptional positive changes in investment behavior have benefitted Creek Road Miners Inc (NASDAQ: PROP): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Small positive changes in fundamentals have recently occurred for Creek Road Miners Inc (NASDAQ: PROP): the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Creek Road Miners has a very low Appreciation Score of 10 but a good Power Rating of 71, resulting in the Negative Value Trend Rating.
Recent Price Action
On 9/16/24, Creek Road Miners Inc (NASDAQ: PROP) stock enjoyed a large increase of 2.3%, closing at $10.56. Moreover, this advance was accompanied by exceptionally high trading volume at 366% of normal. Relative to the market the stock has been strong over the last nine months and has risen 42.9% during the last week.
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