AMERISAFE Inc (NASDAQ: AMSF) stock suffered a major decline of -10.0% on 4/25/24. The shares closed at $45.82. Moreover, trading volume in this decline was unusually high at 182% of normal. Relative to the market the stock has been weak over the last nine months and has declined -5.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AMSF is expected to continue to be an important Value Builder.
AMERISAFE has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AMERISAFE has a very low Appreciation Score of 9 but a neutral Power Rating of 54, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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