Digimarc Corp (NASDAQ: DMRC) stock suffered a major decline of -16.3% on 8/14/24. The shares closed at $24.15. Moreover, exceptionally high trading volume at 438% of normal accompanied the decline. The stock has declined -16.2% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, DMRC is expected to continue to be Value Creation neutral.
Digimarc has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Digimarc has a slightly negative Power Rating of 34 and a very low Appreciation Score of 3, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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