Globant SA (NYSE: GLOB) stock suffered a major decline of -27.8% on 2/21/25. The shares closed at $151.72. Moreover, trading volume in this decline was exceptionally high at 930% of normal. The stock has been strong relative to the market over the last nine months but has declined -30.7% during the last week.
Current PriceTarget Research Rating
Globant has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Globant has a neutral Appreciation Score of 55 but a good Power Rating of 76, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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