Alert: Positive Investment/Fundamental Signals (1/15/25)-Permian Basin Royalty Trust (NYSE: PBT)

out_altlogo2#13851.jpg

Extremely important positive changes in investment behavior have recently occurred for Permian Basin Royalty Trust (NYSE: PBT): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Recent significant positive changes in fundamentals have benefitted Permian Basin Royalty Trust (NYSE: PBT): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

The stock is currently unrated.

out_mm#13851.jpg

Current PriceTarget Research Rating

Permian Basin Royalty Trust is currently unrated.

Recent Price Action

On 1/15/25, Permian Basin Royalty Trust (NYSE: PBT) stock enjoyed a large increase of 3.8%, closing at $12.15. However, unusually low trading volume at 61% of normal accompanied the advance. The stock has risen 3.7% during the last week and has performed in line with the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.


*