Alert: Major Price Advance (3/1/24)-PTC Therapeutics Inc (NASDAQ: PTCT).

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PTC Therapeutics Inc (NASDAQ: PTCT) stock closed at $31.95 on 3/1/24 after a major increase of 13.3%. Moreover, trading volume in this advance was unusually high at 196% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 22.7% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, PTCT is expected to be a major Value Eraser.

PTC Therapeutics is currently unrated.

Rating Review

The stock is currently unrated.

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