Alert: Positive Investment/Fundamental Signals (3/15/24)-MiMedx Group Inc (NASDAQ: MDXG)

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Extremely significant positive changes in MiMedx Group Inc (NASDAQ: MDXG) investment behavior have recently occurred: the stock rose on very heavy volume, and its shorter term price trend turned up.

Recent important positive changes in fundamentals have benefitted MiMedx Group Inc (NASDAQ: MDXG): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

The stock is currently unrated.

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Current PriceTarget Research Rating

MDXG is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

MiMedx Group is currently unrated.

Recent Price Action

On 3/15/24, MiMedx Group Inc (NASDAQ: MDXG) stock increased 1.0%, closing at $7.88. Moreover, exceptionally high trading volume at 259% of normal accompanied the advance. The stock has declined -3.3% during the last week but has been strong relative to the market over the last nine months.

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