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NRT - North European Oil Royalty Trust: More Decline But More Clarity In The 'Hold'
North European Oil Royality Trust
2023-04-02 21:51:41 ET
Summary
When I last wrote about NRT or the North European Oil Royalty Trust, I rated the company a "HOLD", citing valuation and risk/reward issues in the market context.
This proved to be the right choice, as the company has significantly underperformed index (over 14%) since that article.
It's time for an update on the company and to see if there is any more appeal, given the current market situation, at this time.