Alert: Major Price Advance (4/26/24)-PTC Therapeutics Inc (NASDAQ: PTCT).

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On 4/26/24, PTC Therapeutics Inc (NASDAQ: PTCT) stock enjoyed a major increase of 12.1%, closing at $28.57. Moreover, trading volume in this advance was unusually high at 176% of normal. The stock has been weak relative to the market over the last nine months but has risen 15.7% during the last week.

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Current PriceTarget Research Rating

PTCT’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

PTC Therapeutics is currently unrated.

Rating Review

The stock is currently unrated.

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