Materialise NV (NASDAQ: MTLS) stock closed at $6.50 on 7/31/24 after a major increase of 15.0%. Moreover, trading volume in this advance was exceptionally high at 626% of normal. The stock has been weak relative to the market over the last nine months but has risen 10.2% during the last week.
Current PriceTarget Research Rating
MTLS’ 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.
Materialise has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Materialise has a poor Appreciation Score of 28 and a very low Power Rating of 7, triggering 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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