Assembly Biosciences Inc (NASDAQ: ASMB) stock enjoyed a major increase of 14.1% on 8/13/24. The shares closed at $14.91. Moreover, trading volume in this advance was above average at 126% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.8% during the last week.
Current PriceTarget Research Rating
ASMB’s 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.
Assembly Biosciences has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Assembly Biosciences has a very low Appreciation Score of 6 but a very high Power Rating of 94, resulting in the Neutral Value Trend Rating.
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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