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.
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.
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