AngioDynamics Inc (NASDAQ: ANGO) stock enjoyed a major increase of 11.2% on 10/22/24. The shares closed at $7.27. Moreover, this advance was accompanied by exceptionally high trading volume at 341% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.7% during the last week.
Current PriceTarget Research Rating
ANGO’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
AngioDynamics 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 contradictory signals. AngioDynamics has a poor Appreciation Score of 17 but a slightly positive Power Rating of 67, producing 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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