Green Dot Corp (NYSE: GDOT) stock enjoyed a major increase of 13.6% on 8/9/24. The shares closed at $10.05. Moreover, trading volume in this advance was above average at 131% of normal. The stock has been strong relative to the market over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GDOT is expected to continue to be a Value Builder.
Green Dot has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Green Dot has a good Appreciation Score of 78 but a neutral Power Rating of 48, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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