Anterix Inc (NASDAQ: ATEX). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Anterix has a slightly negative Power Rating of 39 and a very low Appreciation Score of 5, with the Lowest Value Trend Rating the result.
Recent Price Action
Anterix Inc (NASDAQ: ATEX) stock closed at $39.59 on 6/28/24 after a very large increase of 9.1%. Moreover, trading volume in this advance was exceptionally high at 536% of normal. The stock has risen 30.7% during the last week and has performed in line with the market over the last nine months.
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