On 5/7/24, Air Transport Services Group Inc (NASDAQ: ATSG) stock enjoyed a major increase of 11.0%, closing at $14.71. Moreover, this advance was accompanied by exceptionally high trading volume at 220% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 12.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, ATSG is expected to be Value Creation neutral.
Air Transport Services Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Air Transport Services Group has a good Appreciation Score of 84 but a very low Power Rating of 3, producing the Negative Value Trend Rating.
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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