Golden Ocean Group Ltd (NASDAQ: GOGL) stock closed at $8.41 on 3/5/25 after a major decline of -16.4%. Moreover, exceptionally high trading volume at 776% of normal accompanied the decline. The stock has declined -10.5% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Golden Ocean Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Golden Ocean Group has a slightly positive Appreciation Score of 69 but a very low Power Rating of 6, resulting in the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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