On 12/4/24, Caesarstone Ltd (NASDAQ: CSTE) stock enjoyed a major increase of 11.9%, closing at $4.76. Moreover, this advance was accompanied by exceptionally high trading volume at 360% of normal. The stock has been weak relative to the market over the last nine months but has risen 12.8% during the last week.
Current PriceTarget Research Rating
Caesarstone has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Caesarstone has a good Appreciation Score of 77 but a poor Power Rating of 29, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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