On 5/8/24, STAAR Surgical Co (NASDAQ: STAA) stock suffered a major decline of -12.1%, closing at $41.02. Moreover, this decline was accompanied by unusually high trading volume at 193% of normal. Relative to the market the stock has been weak over the last nine months and has declined -10.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, STAA is expected to continue to be a modest Value Builder.
STAAR Surgical has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. STAAR Surgical has a slightly negative Power Rating of 33 and a very low Appreciation Score of 14, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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