On 8/7/24, Climb Global Solutions Inc (NASDAQ: CLMB) stock enjoyed a major increase of 13.0%, closing at $73.54. Moreover, exceptionally high trading volume at 209% of normal accompanied the advance. The stock has risen 5.0% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CLMB is expected to continue to be a Value Builder.
Climb Global Solutions has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Climb Global Solutions has a slightly negative Appreciation Score of 31 but a very high Power Rating of 87, with the High Neutral Value Trend Rating the result.
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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