Stock Rating Upgrade
The Value Trend Rating for DRDGold Ltd (NYSE: DRD) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/4/25, DRDGold Ltd (NYSE: DRD) stock suffered a major decline of -13.7%, closing at $13.51. Moreover, trading volume in this decline was exceptionally high at 240% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -6.4% during the last week.
Current PriceTarget Research Rating
DRDGold has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. DRDGold has a very low Appreciation Score of 9 but a very high Power Rating of 89, with the Neutral Value Trend Rating the result.
Be the first to comment