Texas Pacific Land Corp (NYSE: TPL) stock closed at $1387.92 on 12/4/24 after a major decline of -11.6%. Moreover, trading volume in this decline was above average at 145% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -14.0% during the last week.
Current PriceTarget Research Rating
Texas Pacific Land has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Texas Pacific Land has a slightly negative Appreciation Score of 35 but a very high Power Rating of 94, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment