On 5/1/24, A10 Networks Inc (NYSE: ATEN) stock enjoyed a major increase of 17.7%, closing at $15.37. Moreover, trading volume in this advance was exceptionally high at 263% of normal. Relative to the market the stock has been weak over the last nine months but has risen 14.1% during the last week.
Current PriceTarget Research Rating
ATEN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
A10 Networks has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. A10 Networks has a poor Power Rating of 30 and a poor Appreciation Score of 28, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive 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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