Mercury Systems Inc (NASDAQ: MRCY) stock closed at $40.00 on 8/14/24 after a major increase of 17.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 679% of normal. The stock has risen 19.0% during the last week but 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 be in line with the cost of capital, MRCY is expected to be Value Creation neutral.
Mercury Systems 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. Mercury Systems has a neutral Appreciation Score of 44 but a poor Power Rating of 23, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive 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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