Alert: Major Price Advance (7/31/19)-NuVasive Inc (NASDAQ: NUVA).

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NuVasive Inc (NASDAQ: NUVA) stock enjoyed a major increase of 11.0% on 7/31/19. The shares closed at $66.60. Moreover, exceptionally high trading volume at 478% of normal accompanied the advance. The stock has risen 12.6% during the last week and has performed in line with the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, NUVA is expected to continue to be an important Value Builder.

NuVasive has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. NuVasive has a poor Appreciation Score of 26 but a neutral Power Rating of 54, with the Negative Value Trend Rating the result.

Rating Review

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

About John Lafferty 58018 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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