Rambus Inc (NASDAQ: RMBS) stock closed at $57.70 on 11/6/24 after a major increase of 14.8%. Moreover, unusually high trading volume at 152% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 13.1% during the last week.
Current PriceTarget Research Rating
RMBS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Rambus 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. Rambus has a poor Power Rating of 28 and a poor Appreciation Score of 25, 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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