On 3/13/24, Advanced Emissions Solutions Inc (NASDAQ: ADES) stock enjoyed a major increase of 46.7%, closing at $5.09. Moreover, this advance was accompanied by exceptionally high trading volume at 1608% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 43.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, ADES is expected to be a modest Value Eraser.
Advanced Emissions Solutions has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Advanced Emissions Solutions has a good Appreciation Score of 71 and a very high Power Rating of 97, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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