Alert: Major Price Advance (10/18/24)-Delcath Systems Inc (NASDAQ: DCTH).

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Delcath Systems Inc (NASDAQ: DCTH) stock closed at $11.28 on 10/18/24 after a major increase of 10.3%. Moreover, trading volume in this advance was exceptionally high at 272% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 37.9% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, DCTH is expected to continue to be Value Creation neutral.

Delcath Systems has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Delcath Systems has a good Appreciation Score of 70 and a very high Power Rating of 99, triggering the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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