Stock Rating Upgrade
In the last week the Value Trend Rating for ChromaDex Corp (NASDAQ: CDXC) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
ChromaDex Corp (NASDAQ: CDXC) stock enjoyed a large increase of 4.7% on 4/8/24. The stock closed at $4.21. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 21.0% during the last week.
Current PriceTarget Research Rating
CDXC is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
ChromaDex has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ChromaDex has a very low Appreciation Score of 4 but a very high Power Rating of 88, with the Low Neutral Value Trend Rating the result.
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