UniQure NV (NASDAQ: QURE) stock closed at $5.75 on 2/29/24 after a major decline of -14.1%. Moreover, exceptionally high trading volume at 245% of normal accompanied the decline. The stock has declined -8.1% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, QURE is expected to be a modest Value Eraser.
UniQure has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. UniQure has a good Appreciation Score of 78 but a very low Power Rating of 10, and the Low Neutral Value Trend Rating results.
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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