Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Creek Road Miners Inc (NASDAQ: PROP) weakened during the last several trading days. PROP’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Creek Road Miners Inc (NASDAQ: PROP) stock closed at $10.32 on 9/13/24 after a major increase of 12.7%. Moreover, unusually high trading volume at 199% of normal accompanied the advance. The stock has risen 27.9% during the last week and has been strong relative to the market over the last nine months.
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 D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Creek Road Miners has a very low Appreciation Score of 10 but a good Power Rating of 71, with the Negative Value Trend Rating the result.
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