MicroStrategy Inc (NASDAQ: MSTR) stock enjoyed a major increase of 12.8% on 4/22/24. The shares closed at $1324.01. However, trading volume in this advance was below average at 73% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -10.5% during the last week.
Current PriceTarget Research Rating
MSTR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
MicroStrategy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. MicroStrategy has a very low Appreciation Score of 9 but a very high Power Rating of 92, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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