AtriCure Inc (NASDAQ: ATRC) stock closed at $23.76 on 6/20/24 after a major increase of 12.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 253% of normal. The stock has risen 8.4% during the last week but has been extremely weak 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, ATRC is expected to continue to be Value Creation neutral.
AtriCure has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. AtriCure has a poor Appreciation Score of 15 and a very low Power Rating of 6, triggering 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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