UniQure NV (NASDAQ: QURE) stock enjoyed a major increase of 11.1% on 10/8/24. The shares closed at $5.92. Moreover, this advance was accompanied by exceptionally high trading volume at 279% of normal. The stock has been strong relative to the market over the last nine months and has risen 20.1% during the last week.
Current PriceTarget Research Rating
QURE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
UniQure has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. UniQure has a slightly negative Appreciation Score of 32 but a slightly positive Power Rating of 60, with the Low Neutral Value Trend Rating the result.
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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