Bruker Corporation (NASDAQ: BRKR) has recently experienced extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BRKR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Bruker has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Bruker has a poor Appreciation Score of 26 but a very high Power Rating of 87, producing the Neutral Value Trend Rating.
Recent Price Action
Bruker Corporation (NASDAQ: BRKR) stock declined slightly by -0.06% on 5/3/24. The stock closed at $70.04. Moreover, exceptionally high trading volume at 226% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.1% during the last week.
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