UniQure NV (NASDAQ: QURE) stock suffered a major decline of -16.8% on 12/19/23. The shares closed at $6.64. Moreover, this decline was accompanied by exceptionally high trading volume at 439% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -7.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, QURE is expected to be a modest Value Eraser.
UniQure has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. UniQure has a slightly positive Appreciation Score of 60 but a very low Power Rating of 1, and the Lowest Value Trend Rating results.
Rating Review
In light of this highly negative 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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