On 10/18/24, ClearPoint Neuro Inc (NASDAQ: CLPT) stock enjoyed a major increase of 11.6%, closing at $13.46. Moreover, trading volume in this advance was exceptionally high at 487% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 18.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, CLPT is expected to continue to be a modest Value Eraser.
ClearPoint Neuro 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 very contradictory signals. ClearPoint Neuro has a very low Appreciation Score of 2 but a very high Power Rating of 86, leading to 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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