On 8/13/24, Penumbra Inc (NYSE: PEN) stock enjoyed a major increase of 10.8%, closing at $186.94. Moreover, exceptionally high trading volume at 223% of normal accompanied the advance. The stock has risen 5.3% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, PEN is expected to be a Value Builder.
Penumbra 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. Penumbra has a poor Appreciation Score of 18 and a very low Power Rating of 4, resulting in 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.
Be the first to comment