On 7/22/24, CSP Inc (NASDAQ: CSPI) stock enjoyed a major increase of 21.5%, closing at $17.82. Moreover, this advance was accompanied by exceptionally high trading volume at 493% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CSPI is expected to be a modest Value Builder.
CSP has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CSP has a slightly negative Appreciation Score of 37 but a good Power Rating of 83, with the High 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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