Materialise NV (NASDAQ: MTLS) stock closed at $8.30 on 12/6/24 after a major increase of 12.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 285% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.2% during the last week.
Current PriceTarget Research Rating
Materialise has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Materialise has a slightly negative Appreciation Score of 32 but a good Power Rating of 80, and the Neutral Value Trend Rating results.
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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