Mesa Laboratories Inc (NASDAQ: MLAB) stock enjoyed a major increase of 11.5% on 7/11/24. The shares closed at $105.00. Trading volume in this advance was normal. The stock has performed in line with the market over the last nine months and has risen 19.7% during the last week.
Current PriceTarget Research Rating
MLAB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Mesa Laboratories has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Mesa Laboratories has a poor Appreciation Score of 19 but a neutral Power Rating of 55, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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