Alert: Major Price Advance (2/13/19)-XOMA Corporation (NASDAQ: XOMA).

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XOMA Corporation (NASDAQ: XOMA) stock enjoyed a major increase of 13.8% on 2/13/19. The shares closed at $14.33. Moreover, this advance was accompanied by exceptionally high trading volume at 222% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 18.0% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, XOMA is expected to continue to be a major Value Eraser.

XOMA has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. XOMA has a very low Power Rating of 15 and a very low Appreciation Score of 1, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

About John Lafferty 44922 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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