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GRNT / After Plunging -21.66% in 4 Weeks, Here's Why the Trend Might Reverse for Granite Ridge Resources, Inc. (GRNT)

After Plunging -21.66% in 4 Weeks, Here's Why the Trend Might Reverse for Granite Ridge Resources, Inc. (GRNT)
Granite Ridge Resources, Inc. (GRNT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term. Read More
Posted: Oct 5 2023, 11:17
Author Name: Zacks Investment Research
Views: 102295

GRNT News  

Buy These 4 Low-Beta Stocks to Counter Market Volatility

By Zacks Investment Research
October 12, 2023

Buy These 4 Low-Beta Stocks to Counter Market Volatility

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. Granite Ridge (GRNT), Otter Tail (OTTR), Vipshop (VIPS) an more_horizontal

Invest in These 3 Low-Beta Energy Stocks to Combat Volatility

By Zacks Investment Research
October 11, 2023

Invest in These 3 Low-Beta Energy Stocks to Combat Volatility

Low-beta energy stocks like Kinder Morgan (KMI), Murphy USA (MUSA) and Granite Ridge (GRNT) are worth betting on since notorious volatility is an inte more_horizontal

After Plunging -21.66% in 4 Weeks, Here's Why the Trend Might Reverse for Granite Ridge Resources, Inc. (GRNT)

By Zacks Investment Research
October 5, 2023

After Plunging -21.66% in 4 Weeks, Here's Why the Trend Might Reverse for Granite Ridge Resources, Inc. (GRNT)

Granite Ridge Resources, Inc. (GRNT) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, more_horizontal

Granite Ridge Resources, Inc. (GRNT) Moves to Strong Buy: Rationale Behind the Upgrade

By Zacks Investment Research
October 3, 2023

Granite Ridge Resources, Inc. (GRNT) Moves to Strong Buy: Rationale Behind the Upgrade

Granite Ridge Resources, Inc. (GRNT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prosp more_horizontal

New Strong Buy Stocks for September 28th

By Zacks Investment Research
September 28, 2023

New Strong Buy Stocks for September 28th

HRTG, TIMB, JHX, INBK and GRNT have been added to the Zacks Rank #1 (Strong Buy) List on September 28, 2023. more_horizontal

Why Granite Ridge Resources Stock Plummeted by 23% This Week

By The Motley Fool
September 15, 2023

Why Granite Ridge Resources Stock Plummeted by 23% This Week

One of the oil and gas specialist's big investors announced the divestment of a pack of shares. These were priced at $5 apiece. more_horizontal

Here's Why Granite Ridge Resources, Inc. (GRNT) is Poised for a Turnaround After Losing -23.03% in 4 Weeks

By Zacks Investment Research
September 12, 2023

Here's Why Granite Ridge Resources, Inc. (GRNT) is Poised for a Turnaround After Losing -23.03% in 4 Weeks

Granite Ridge Resources, Inc. (GRNT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with str more_horizontal

Best Momentum Stocks to Buy for August 30th

By Zacks Investment Research
August 30, 2023

Best Momentum Stocks to Buy for August 30th

HRTG, GRNT and MKL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 30, 2023. more_horizontal


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