Alert: Major Price Advance (1/8/24)-ProPhase Labs Inc (NASDAQ: PRPH).

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ProPhase Labs Inc (NASDAQ: PRPH) stock enjoyed a major increase of 10.7% on 1/8/24. The shares closed at $5.26. Moreover, trading volume in this advance was exceptionally high at 201% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 16.9% during the last week.

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Current PriceTarget Research Rating

PRPH’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.

ProPhase Labs has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. ProPhase Labs has a slightly negative Appreciation Score of 30 and a very low Power Rating of 1, and the Lowest Value Trend Rating results.

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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