ASX:KAROil and Gas
Karoon Energy (ASX:KAR) Valuation Check After Recent Downtrend And Sector Underperformance
Recent technical scans show Karoon Energy (ASX:KAR) in a clear downtrend, with the share price falling about 10.5% over the past month, even as some energy peers have held up better.
See our latest analysis for Karoon Energy.
Looking beyond the recent weakness, Karoon Energy’s 1 year total shareholder return of 7.67% contrasts with a 3 year total shareholder return decline of 25.58% and a 5 year total shareholder return gain of 42.80%. This suggests that shorter term momentum is fading while...