American Superconductor Corp (NASDAQ: AMSC) stock suffered a major decline of -10.6% on 12/6/24. The shares closed at $31.20. Moreover, trading volume in this decline was unusually high at 189% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.6% during the last week.
Current PriceTarget Research Rating
American Superconductor has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. American Superconductor has a very low Appreciation Score of 10 but a very high Power Rating of 98, leading to the 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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