Biolife Solutions Inc (NASDAQ: BLFS) stock closed at $17.24 on 1/8/24 after a major increase of 10.2%. Moreover, this advance was accompanied by exceptionally high trading volume at 207% of normal. The stock has risen 3.1% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
BLFS’ 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.
Biolife Solutions has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Biolife Solutions has a slightly negative Appreciation Score of 36 and a very low Power Rating of 8, leading to 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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