Alert: Major Price Advance (4/22/24)-Delcath Systems Inc (NASDAQ: DCTH).

out_logo_500#36800.jpg

On 4/22/24, Delcath Systems Inc (NASDAQ: DCTH) stock enjoyed a major increase of 13.1%, closing at $5.51. However, trading volume in this advance was exceptionally low at 42% of normal. Relative to the market the stock has been strong over the last nine months and has risen 11.3% during the last week.

out_mm#36800.jpg

Current PriceTarget Research Rating

DCTH’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Delcath Systems has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Delcath Systems has a very high Appreciation Score of 91 but a neutral Power Rating of 49, triggering the Positive Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*