Biolife Solutions Inc (NASDAQ: BLFS) stock enjoyed a major increase of 11.0% on 8/9/24. The shares closed at $25.25. Moreover, this advance was accompanied by exceptionally high trading volume at 293% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.1% during the last week.
Current PriceTarget Research Rating
BLFS’ future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Biolife Solutions has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Biolife Solutions has a very low Appreciation Score of 11 but a good Power Rating of 82, and the Low Neutral Value Trend Rating results.
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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