Alert: Major Price Advance (5/8/19)-XOMA Corporation (NASDAQ: XOMA).

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XOMA Corporation (NASDAQ: XOMA) stock closed at $14.21 on 5/8/19 after a major increase of 10.9%. Moreover, trading volume in this advance was exceptionally high at 283% of normal. The stock has risen 19.8% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

XOMA’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company 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 complementary signals. XOMA has a slightly negative Power Rating of 33 and a very low Appreciation Score of 6, resulting in 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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