On 5/14/24, Delcath Systems Inc (NASDAQ: DCTH) stock enjoyed a major increase of 30.9%, closing at $7.07. However, trading volume in this advance was exceptionally low at -2292% of normal. The stock has been strong relative to the market over the last nine months and has risen 22.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DCTH is expected to continue to be Value Creation neutral.
Delcath Systems has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Delcath Systems has a slightly positive Power Rating of 62 and a very high Appreciation Score of 89, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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