Creek Road Miners Inc (NASDAQ: CRKR). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, its longer term price trend turned down, and negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
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 35 and a very low Appreciation Score of 8, leading to the Lowest Value Trend Rating.
Recent Price Action
Creek Road Miners Inc (NASDAQ: CRKR) stock closed at $10.71 on 6/20/24 after a very large increase of 7.1%. However, this advance was accompanied by normal trading volume at 83% of normal. Relative to the market the stock has been weak over the last nine months and has declined -20.3% during the last week.
Be the first to comment