Rambus Inc (NASDAQ: RMBS) stock suffered a major decline of -13.0% on 7/30/24. The shares closed at $48.58. Moreover, exceptionally high trading volume at 279% of normal accompanied the decline. The stock has declined -23.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
RMBS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Rambus has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Rambus has a poor Power Rating of 19 and a poor Appreciation Score of 17, with the Lowest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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