On 4/3/24, ChromaDex Corp (NASDAQ: CDXC) stock enjoyed a major increase of 10.0%, closing at $3.95. Moreover, this advance was accompanied by above average trading volume at 120% of normal. The stock has risen 4.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, CDXC is expected to be Value Creation neutral.
ChromaDex has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. ChromaDex has a very low Appreciation Score of 2 but a good Power Rating of 83, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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