On 8/8/24, ClearPoint Neuro Inc (NASDAQ: CLPT) stock enjoyed a major increase of 40.7%, closing at $9.06. Moreover, exceptionally high trading volume at 270% of normal accompanied the advance. The stock has risen 26.5% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, CLPT is expected to continue to be a modest Value Eraser.
ClearPoint Neuro 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 complementary signals. ClearPoint Neuro has a slightly negative Power Rating of 39 and a very low Appreciation Score of 3, and the Lowest Value Trend Rating results.
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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