Stock Rating Downgrade
The Value Trend Rating for Assembly Biosciences Inc (NASDAQ: ASMB) weakened in the last week from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Assembly Biosciences Inc (NASDAQ: ASMB) stock closed at $17.04 on 11/29/24 after an increase of 1.2%. However, below average trading volume at 70% of normal accompanied the advance. The stock has risen 13.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Assembly Biosciences has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Assembly Biosciences has a very low Appreciation Score of 7 but a slightly positive Power Rating of 65, resulting in the Negative Value Trend Rating.
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