Alert: Major Price Advance (11/6/24)-Qualys Inc (NASDAQ: QLYS).

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Qualys Inc (NASDAQ: QLYS) stock enjoyed a major increase of 24.2% on 11/6/24. The shares closed at $159.23. Moreover, trading volume in this advance was exceptionally high at 696% of normal. Relative to the market the stock has been weak over the last nine months but has risen 28.0% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, QLYS is expected to continue to be a major Value Builder.

Qualys has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Qualys has a poor Appreciation Score of 28 and a poor Power Rating of 27, resulting in the Lowest Value Trend Rating.

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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