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.
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.