On 6/26/24, Advanced Emissions Solutions Inc (NASDAQ: ADES) stock enjoyed a major increase of 10.0%, closing at $5.87. Moreover, unusually high trading volume at 163% of normal accompanied the advance. The stock has risen 1.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ADES’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Advanced Emissions Solutions has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Advanced Emissions Solutions has a poor Appreciation Score of 29 but a very high Power Rating of 100, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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