On 11/8/24, ClearPoint Neuro Inc (NASDAQ: CLPT) stock suffered a major decline of -13.2%, closing at $11.65. Moreover, trading volume in this decline was exceptionally high at 348% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, CLPT is expected to continue to be a modest Value Eraser.
ClearPoint Neuro has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. ClearPoint Neuro has a very low Appreciation Score of 3 but a very high Power Rating of 92, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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