Delcath Systems Inc (NASDAQ: DCTH) stock enjoyed a major increase of 10.8% on 7/19/24. The shares closed at $8.23. Moreover, above average trading volume at 129% of normal accompanied the advance. The stock has risen 2.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DCTH is expected to continue to be Value Creation neutral.
Delcath Systems has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Delcath Systems has a good Appreciation Score of 81 and a very high Power Rating of 95, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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