Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Golden Ocean Group Ltd (NASDAQ: GOGL) improved in the last week. GOGL’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Golden Ocean Group Ltd (NASDAQ: GOGL) stock suffered a major decline of -19.8% on 4/4/25. The shares closed at $6.48. Moreover, this decline was accompanied by exceptionally high trading volume at 288% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -20.4% during the last week.
Current PriceTarget Research Rating
Golden Ocean Group has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Golden Ocean Group has a good Appreciation Score of 80 but a poor Power Rating of 19, with the Neutral Value Trend Rating the result.
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