DexCom Inc (NASDAQ: DXCM) stock closed at $64.00 on 7/26/24 after a major decline of -40.7%. Moreover, trading volume in this decline was exceptionally high at 1365% of normal. The stock has declined -42.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, DXCM is expected to continue to be a major Value Builder.
DexCom has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. DexCom has a neutral Power Rating of 42 but a poor Appreciation Score of 26, producing the Negative Value Trend Rating.
Rating Review
In light of this highly negative 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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