Alert: Major Price Decline (7/22/24)-TROOPS Inc (NASDAQ: TROO).

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TROOPS Inc (NASDAQ: TROO) stock suffered a major decline of -11.7% on 7/22/24. The shares closed at $3.24. However, this decline was accompanied by exceptionally low trading volume at 46% of normal. The stock has declined -0.9% during the last week and has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TROO is expected to continue to be Value Creation neutral.

TROOPS has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TROOPS has a poor Power Rating of 16 and a very low Appreciation Score of 3, triggering the Lowest Value Trend Rating.

Rating Review

In light of this highly negative 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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