AngioDynamics Inc (NASDAQ: ANGO) stock enjoyed a major increase of 26.6% on 7/16/24. The shares closed at $7.51. Moreover, exceptionally high trading volume at 702% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 36.3% during the last week.
Current PriceTarget Research Rating
ANGO’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
AngioDynamics has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. AngioDynamics has a neutral Appreciation Score of 51 but a very low Power Rating of 4, leading to 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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