Alert: Major Price Decline (6/13/24)-Creek Road Miners Inc (NASDAQ: CRKR).

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Creek Road Miners Inc (NASDAQ: CRKR) stock suffered a major decline of -16.6% on 6/13/24. The shares closed at $10.67. Moreover, above average trading volume at 141% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -18.8% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CRKR is expected to continue to be Value Creation neutral.

Creek Road Miners has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Creek Road Miners has a slightly negative Power Rating of 36 and a very low Appreciation Score of 6, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this highly negative 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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