Codexis Inc (NASDAQ: CDXS) stock closed at $5.45 on 12/9/24 after a major increase of 15.2%. Moreover, exceptionally high trading volume at 236% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 19.0% during the last week.
Current PriceTarget Research Rating
Codexis has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Codexis has a very low Appreciation Score of 8 but a slightly positive Power Rating of 63, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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