Compass Minerals International I (NYSE: CMP) stock enjoyed a major increase of 11.3% on 9/13/24. The shares closed at $9.42. Moreover, trading volume in this advance was above average at 140% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 14.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CMP is expected to continue to be a modest Value Builder.
Compass Minerals 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. Compass Minerals has a neutral Appreciation Score of 59 but a very low Power Rating of 6, resulting in 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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