Alert: Major Price Advance (4/29/24)-Phibro Animal Health Corp (NASDAQ: PAHC).

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On 4/29/24, Phibro Animal Health Corp (NASDAQ: PAHC) stock enjoyed a major increase of 31.8%, closing at $16.78. Moreover, exceptionally high trading volume at 538% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 26.2% during the last week.

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Current PriceTarget Research Rating

PAHC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Phibro Animal Health has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Phibro Animal Health has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 36, and the Negative Value Trend Rating results.

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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