On 11/8/24, Data Storage Corp (NASDAQ: DTST) stock enjoyed a major increase of 13.0%, closing at $4.08. Moreover, trading volume in this advance was exceptionally high at 474% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 18.6% during the last week.
Current PriceTarget Research Rating
DTST’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Data Storage has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Data Storage has a poor Appreciation Score of 30 and a poor Power Rating of 27, with the Lowest Value Trend Rating the result.
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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