On 11/5/24, PRA Group Inc (NASDAQ: PRAA) stock enjoyed a major increase of 15.9%, closing at $23.83. Moreover, this advance was accompanied by exceptionally high trading volume at 444% of normal. The stock has risen 25.0% during the last week but has been weak 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, PRAA is expected to continue to be a modest Value Builder.
PRA Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. PRA Group has a very high Appreciation Score of 86 but a slightly negative Power Rating of 34, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive 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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