Delcath Systems Inc (NASDAQ: DCTH) stock closed at $9.12 on 8/26/24 after a major increase of 13.9%. Moreover, this advance was accompanied by unusually high trading volume at 159% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 21.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DCTH is expected to continue to be Value Creation neutral.
Delcath Systems has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Delcath Systems has a good Appreciation Score of 82 and a very high Power Rating of 96, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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