On 8/23/24, Phibro Animal Health Corp (NASDAQ: PAHC) stock enjoyed a major increase of 10.2%, closing at $20.94. Moreover, exceptionally high trading volume at 316% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.3% during the last week.
Current PriceTarget Research Rating
PAHC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Phibro Animal Health has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Phibro Animal Health has a slightly negative Appreciation Score of 36 but a very high Power Rating of 100, 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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