Extremely significant negative changes in North European Oil Royalty Trust (NYSE: NRT) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
North European Oil Royalty Trust (NYSE: NRT). Significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
North European Oil Royalty Trust has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. North European Oil Royalty Trust has a very high Appreciation Score of 100 but a very low Power Rating of 14, leading to the Neutral Value Trend Rating.
Recent Price Action
North European Oil Royalty Trust (NYSE: NRT) stock closed at $3.91 on 12/23/24 after a slight decline of -0.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 232% of normal. The stock is unchanged during the last week but has been extremely weak relative to the market over the last nine months.
Be the first to comment