Cryoport Inc (NASDAQ: CYRX) stock enjoyed a major increase of 10.0% on 11/9/23. The shares closed at $11.30. The stock has been extremely weak relative to the market over the last nine months but has risen 18.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, CYRX is expected to continue to be a modest Value Eraser.
Cryoport has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Cryoport has a slightly positive Appreciation Score of 62 but a very low Power Rating of 4, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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