On 10/24/24, DallasNews Corporation (NASDAQ: DALN) stock enjoyed a major increase of 21.3%, closing at $5.75. Moreover, trading volume in this advance was exceptionally high at 852% of normal. The stock has performed in line with the market over the last nine months and has risen 30.7% during the last week.
Current PriceTarget Research Rating
DALN’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.
DallasNews has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. DallasNews has a very low Appreciation Score of 2 but a neutral Power Rating of 58, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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