Alert: Major Price Advance (9/10/24)-American Superconductor Corp (NASDAQ: AMSC).

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On 9/10/24, American Superconductor Corp (NASDAQ: AMSC) stock enjoyed a major increase of 13.9%, closing at $22.72. Moreover, trading volume in this advance was above average at 129% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.4% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, AMSC is expected to be Value Creation neutral.

American Superconductor has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. American Superconductor has a very low Appreciation Score of 13 but a very high Power Rating of 99, with the Neutral Value Trend Rating the result.

Rating Review

In light of this very positive 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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