American Superconductor Corp (NASDAQ: AMSC) stock closed at $17.44 on 5/30/24 after a major increase of 10.4%. Moreover, trading volume in this advance was exceptionally high at 927% of normal. The stock has risen 14.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AMSC is expected to be Value Creation neutral.
American Superconductor has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. American Superconductor has a very low Appreciation Score of 4 but a very high Power Rating of 93, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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