Alert: Major Price Decline (11/7/19)-TriplePoint Venture Growth BDC C (NYSE: TPVG).


TriplePoint Venture Growth BDC C (NYSE: TPVG) stock closed at $15.10 on 11/7/19 after a major decline of -10.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 920% of normal. The stock has declined -8.7% during the last week but has been exceptionally strong relative to the market over the last nine months.


Current PriceTarget Research Rating

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

TPVG has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. TPVG has a good Appreciation Score of 80 and a very high Power Rating of 89, producing the Highest Value Trend Rating.

Rating Review

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

About John Lafferty 76994 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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