On 9/3/24, Monolithic Power Systems Inc (NASDAQ: MPWR) stock suffered a major decline of -10.3%, closing at $838.63. Moreover, this decline was accompanied by unusually high trading volume at 170% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -10.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MPWR is expected to continue to be a major Value Builder.
Monolithic Power Systems has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Monolithic Power Systems has a poor Appreciation Score of 16 but a very high Power Rating of 90, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative 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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