EDAP TMS SA (NASDAQ: EDAP) stock enjoyed a major increase of 11.8% on 3/4/24. The shares closed at $7.60. Moreover, exceptionally high trading volume at 356% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 26.5% during the last week.
Current PriceTarget Research Rating
EDAP’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
EDAP TMS has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. EDAP TMS has a poor Power Rating of 22 and a very low Appreciation Score of 7, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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