On 1/9/24, ClearPoint Neuro Inc (NASDAQ: CLPT) stock enjoyed a major increase of 17.9%, closing at $7.44. Moreover, exceptionally high trading volume at 372% of normal accompanied the advance. The stock has risen 9.6% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CLPT is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
ClearPoint Neuro has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ClearPoint Neuro has a poor Power Rating of 18 and a very low Appreciation Score of 8, 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.
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