ACRES Commercial Realty Corp (NYSE: ACR). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.
Marginal positive changes in ACRES Commercial Realty Corp (NYSE: ACR) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ACR is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
ACRES Commercial Realty has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ACRES Commercial Realty has a very high Appreciation Score of 96 but a neutral Power Rating of 48, with the Positive Value Trend Rating the result.
Recent Price Action
ACRES Commercial Realty Corp (NYSE: ACR) stock enjoyed a large increase of 3.6% on 12/19/23. The stock closed at $10.02. Moreover, trading volume in this advance was exceptionally high at 211% of normal. The stock has performed in line with the market over the last nine months and has risen 11.8% during the last week.
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