Alert: Negative Investment/Fundamental Signals (3/22/19)-XOMA Corporation (NASDAQ: XOMA)

out_logo_500#19328.jpg

Extremely significant negative changes in XOMA Corporation (NASDAQ: XOMA) investment behavior have recently occurred: its shorter term price trend turned down, and the stock fell on very heavy volume.

XOMA Corporation (NASDAQ: XOMA) suffers from important negative changes in fundamentals: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

out_mm#19328.jpg

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 consistent signals. XOMA has a poor Power Rating of 27 and a very low Appreciation Score of 6, producing the Lowest Value Trend Rating.

Recent Price Action

XOMA Corporation (NASDAQ: XOMA) stock suffered a large decline of -3.0% on 3/22/19. The stock closed at $13.11. Moreover, exceptionally high trading volume at 208% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -11.7% during the last week.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.