Digimarc Corp (NASDAQ: DMRC) stock closed at $35.06 on 2/29/24 after a major decline of -12.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 456% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.4% during the last week.
Current PriceTarget Research Rating
DMRC is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Digimarc has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Digimarc has a very low Appreciation Score of 3 but a very high Power Rating of 86, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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