CVR Energy Inc (NYSE: CVI) stock closed at $18.06 on 10/29/24 after a major decline of -24.2%. Moreover, trading volume in this decline was exceptionally high at 716% of normal. The stock has declined -25.5% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CVI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CVR Energy has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. CVR Energy has a neutral Appreciation Score of 55 but a very low Power Rating of 5, 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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