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.
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