Alert: Major Price Advance (11/6/24)-Green Dot Corp (NYSE: GDOT).

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On 11/6/24, Green Dot Corp (NYSE: GDOT) stock enjoyed a major increase of 14.2%, closing at $13.28. Moreover, this advance was accompanied by unusually high trading volume at 173% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.1% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, GDOT is expected to continue to be a Value Builder.

Green Dot has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Green Dot has a good Appreciation Score of 76 and a good Power Rating of 83, producing the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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