Extremely significant positive changes in Kamada Ltd (NASDAQ: KMDA) investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Kamada Ltd (NASDAQ: KMDA) has recently enjoyed important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
KMDA is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Kamada has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Kamada has a slightly negative Appreciation Score of 33 but a good Power Rating of 72, triggering the Neutral Value Trend Rating.
Recent Price Action
Kamada Ltd (NASDAQ: KMDA) stock closed at $6.10 on 1/3/24 after a slight decline of -1.0%. However, trading volume in this decline was exceptionally low at 36% of normal. The stock has been strong relative to the market over the last nine months and is unchanged during the last week.
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