FARO Technologies Inc (NASDAQ: FARO) stock closed at $25.70 on 11/7/24 after a major increase of 36.5%. Moreover, trading volume in this advance was exceptionally high at 484% of normal. Relative to the market the stock has been weak over the last nine months but has risen 43.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FARO is expected to be a modest Value Builder.
FARO Technologies has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. FARO Technologies has a slightly negative Appreciation Score of 37 and a poor Power Rating of 19, and the Lowest Value Trend Rating results.
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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