On 5/13/24, PetMed Express Inc (NASDAQ: PETS) stock enjoyed a major increase of 14.0%, closing at $4.65. Moreover, trading volume in this advance was unusually high at 196% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 14.8% during the last week.
Current PriceTarget Research Rating
PETS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
PetMed Express has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PetMed Express has a neutral Appreciation Score of 41 but a very low Power Rating of 1, and the Lowest Value Trend Rating results.
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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