Air Transport Services Group Inc (NASDAQ: ATSG) stock closed at $15.56 on 8/9/24 after a major increase of 17.3%. Moreover, trading volume in this advance was exceptionally high at 205% of normal. Relative to the market the stock has been weak over the last nine months but has risen 3.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, ATSG is expected to be Value Creation neutral.
Air Transport Services Group has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Air Transport Services Group has a good Appreciation Score of 78 but a slightly negative Power Rating of 39, resulting in the High 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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