On 1/8/24, STAAR Surgical Co (NASDAQ: STAA) stock enjoyed a major increase of 11.5%, closing at $31.74. Moreover, exceptionally high trading volume at 240% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months and has declined -1.1% during the last week.
Current PriceTarget Research Rating
STAA is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
STAAR Surgical 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 highly consistent signals. STAAR Surgical has a poor Power Rating of 25 and a poor Appreciation Score of 24, with the Lowest Value Trend Rating the result.
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.
Be the first to comment