On 9/11/24, Sociedad Quimica y Minera de Chi (NYSE: SQM) stock enjoyed a major increase of 10.0%, closing at $38.37. Moreover, exceptionally high trading volume at 246% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 5.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SQM is expected to continue to be a major Value Builder.
Sociedad Quimica y Minera de Chi 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. Sociedad Quimica y Minera de Chi has a very high Appreciation Score of 91 but a poor Power Rating of 22, and the Neutral Value Trend Rating results.
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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