On 10/16/24, UniQure NV (NASDAQ: QURE) stock enjoyed a major increase of 14.7%, closing at $6.47. Moreover, this advance was accompanied by exceptionally high trading volume at 216% of normal. The stock has been strong relative to the market over the last nine months and has risen 9.3% 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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. UniQure has a slightly negative Appreciation Score of 32 but a slightly positive Power Rating of 64, triggering the Low Neutral Value Trend Rating.
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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