Alert: Rating Downgrade (8/5/22)-Minerva Neurosciences Inc (NASDAQ: NERV).

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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.

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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.

About John Lafferty 118563 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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