Alert: Major Price Advance (11/21/24)-Ellomay Capital Ltd (NYSEAMERICAN: ELLO).

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On 11/21/24, Ellomay Capital Ltd (NYSEAMERICAN: ELLO) stock enjoyed a major increase of 10.6%, closing at $16.60. Moreover, exceptionally high trading volume at 390% of normal accompanied the advance. The stock has risen 18.9% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Ellomay Capital 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. Ellomay Capital has a poor Power Rating of 27 and a poor Appreciation Score of 22, producing 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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