On 11/8/24, CVR Energy Inc (NYSE: CVI) stock enjoyed a major increase of 11.7%, closing at $18.46. Moreover, trading volume in this advance was exceptionally high at 224% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 16.1% during the last week.
Current PriceTarget Research Rating
CVI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CVR Energy 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. CVR Energy has a neutral Appreciation Score of 54 but a very low Power Rating of 1, with the Lowest Value Trend Rating the result.
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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