Alert: Rating Upgrade (11/18/22)-Psivida Corp (NASDAQ: EYPT).


Stock Rating Upgrade

The Value Trend Rating for Psivida Corp (NASDAQ: EYPT) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.


Recent Price Action

Psivida Corp (NASDAQ: EYPT) stock suffered a large decline of -3.7% on 11/18/22. The stock closed at $3.60. Moreover, above average trading volume at 136% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -22.7% during the last week.

Current PriceTarget Research Rating

EYPT’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a modest Value Eraser.

Psivida has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Psivida has a slightly positive Appreciation Score of 66 but a poor Power Rating of 26, leading to the Low Neutral Value Trend Rating.

About John Lafferty 121363 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.