Cryoport Inc (NASDAQ: CYRX) stock closed at $7.03 on 7/11/24 after a major increase of 26.7%. Moreover, trading volume in this advance was exceptionally high at 278% of normal. The stock has risen 13.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to fall short of the cost of capital, CYRX is expected to continue to be a modest Value Eraser.
Cryoport has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cryoport has a neutral Appreciation Score of 49 but a very low Power Rating of 11, leading to the Lowest Value Trend Rating.
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