On 7/10/24, STAAR Surgical Co (NASDAQ: STAA) stock enjoyed a major increase of 10.9%, closing at $46.00. Moreover, trading volume in this advance was exceptionally high at 342% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, STAA is expected to continue to be a modest Value Builder.
STAAR Surgical has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. STAAR Surgical has a very low Appreciation Score of 12 but a good Power Rating of 81, with the Low Neutral Value Trend Rating the result.
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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