Anterix Inc (NASDAQ: ATEX) stock closed at $36.29 on 6/27/24 after a major increase of 17.0%. Moreover, trading volume in this advance was exceptionally high at 486% of normal. The stock has performed in line with the market over the last nine months and has risen 20.7% 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, ATEX is expected to continue to be Value Creation neutral.
Anterix has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Anterix has a slightly negative Power Rating of 36 and a very low Appreciation Score of 7, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment