Baijiayun Group Ltd (NASDAQ: RTC) stock closed at $7.04 on 12/10/24 after a major decline of -10.5%. However, this decline was accompanied by below average trading volume at 74% of normal. The stock has declined -25.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Baijiayun Group 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. Baijiayun Group has a very low Appreciation Score of 1 but a very high Power Rating of 99, with the Neutral Value Trend Rating the result.
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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