DXC Technology Co (NYSE: DXC) stock closed at $18.45 on 6/10/24 after a major increase of 11.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 500% of normal. The stock has risen 18.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
DXC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
DXC Technology 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. DXC Technology has a slightly positive Appreciation Score of 60 but a very low Power Rating of 10, 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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