On 12/24/24, Primeenergy Resources Corp (NASDAQ: PNRG) stock enjoyed a major increase of 15.3%, closing at $201.20. Moreover, this advance was accompanied by exceptionally high trading volume at 298% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 7.6% during the last week.
Current PriceTarget Research Rating
Primeenergy Resources has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Primeenergy Resources has a slightly positive Appreciation Score of 64 and a very high Power Rating of 91, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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