Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Artivion Inc (NYSE: AORT) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 4/8/24, Artivion Inc (NYSE: AORT) stock increased 1.4%, closing at $21.64. However, this advance was accompanied by exceptionally low trading volume at 42% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.3% during the last week.
Current PriceTarget Research Rating
AORT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Artivion has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Artivion has a very low Appreciation Score of 13 but a good Power Rating of 74, with the Negative Value Trend Rating the result.
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