Innospec Inc (NASDAQ: IOSP) stock closed at $124.90 on 11/6/24 after a major increase of 12.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 347% of normal. The stock has risen 14.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
IOSP is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Innospec has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Innospec has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 32, resulting in the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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