Monolithic Power Systems Inc (NASDAQ: MPWR) stock suffered a major decline of -17.5% on 10/31/24. The shares closed at $759.30. Moreover, trading volume in this decline was exceptionally high at 540% of normal. The stock has declined -14.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MPWR is expected to continue to be a major Value Builder.
Monolithic Power Systems has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Monolithic Power Systems has a poor Appreciation Score of 23 but a very high Power Rating of 90, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative 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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