Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Minerva Neurosciences Inc (NASDAQ: NERV) weakened of late. NERV’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Minerva Neurosciences Inc (NASDAQ: NERV) stock enjoyed a very large increase of 5.3% on 8/5/22. The shares closed at $4.95. Moreover, trading volume in this advance was exceptionally high at 221% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 86.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, NERV is expected to be a modest Value Eraser.
NERV has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. NERV has a slightly positive Appreciation Score of 62 but a very low Power Rating of 3, producing the Negative Value Trend Rating.