On 5/20/24, PRA Group Inc (NASDAQ: PRAA) stock suffered a major decline of -10.4%, closing at $22.35. Moreover, trading volume in this decline was above average at 121% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -15.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PRAA is expected to continue to be a modest Value Builder.
PRA Group has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PRA Group has a good Appreciation Score of 78 and a very high Power Rating of 95, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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