PriceSmart Inc (NASDAQ: PSMT) stock enjoyed a major increase of 20.0% on 9/23/19. The shares closed at $72.38. Moreover, exceptionally high trading volume at 1318% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 11.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PSMT is expected to continue to be a modest Value Builder.
PriceSmart has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. PriceSmart has a slightly negative Appreciation Score of 35 and a slightly negative Power Rating of 31, leading to the Lowest Value Trend Rating.
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.