Q2 Holdings Inc (NYSE: QTWO) stock enjoyed a major increase of 15.2% on 5/2/24. The shares closed at $59.58. Moreover, this advance was accompanied by exceptionally high trading volume at 314% of normal. The stock has risen 10.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
QTWO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Q2 Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Q2 Holdings has a very low Appreciation Score of 10 but a very high Power Rating of 96, producing the Neutral Value Trend Rating.
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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