On 7/31/24, Monolithic Power Systems Inc (NASDAQ: MPWR) stock enjoyed a major increase of 10.4%, closing at $863.09. Moreover, trading volume in this advance was unusually high at 166% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MPWR is expected to continue to be a major Value Builder.
Monolithic Power Systems has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Monolithic Power Systems has a poor Appreciation Score of 16 but a very high Power Rating of 91, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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