On 7/16/24, Quipt Home Medical Corp (NASDAQ: QIPT) stock enjoyed a major increase of 11.3%, closing at $3.44. Moreover, above average trading volume at 127% of normal accompanied the advance. The stock has risen 14.7% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
QIPT’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Quipt Home Medical has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Quipt Home Medical has a poor Appreciation Score of 26 and a very low Power Rating of 3, 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