On 10/30/24, AtriCure Inc (NASDAQ: ATRC) stock enjoyed a major increase of 18.3%, closing at $34.83. Moreover, exceptionally high trading volume at 482% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 21.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ATRC is expected to continue to be Value Creation neutral.
AtriCure has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. AtriCure has a slightly negative Power Rating of 35 and a very low Appreciation Score of 14, and the Lowest Value Trend Rating results.
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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