Activision Blizzard Inc (NASDAQ: ALIM) stock enjoyed a major increase of 75.9% on 6/24/24. The shares closed at $5.54. Moreover, trading volume in this advance was exceptionally high at 2862% of normal. The stock has been weak relative to the market over the last nine months but has risen 73.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ALIM is expected to be a major Value Builder.
Alimera Sciences has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Alimera Sciences has a neutral Appreciation Score of 40 and a slightly negative Power Rating of 31, with the Negative Value Trend Rating the result.
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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