Advanced Emissions Solutions Inc (NASDAQ: ARQ) stock suffered a major decline of -17.3% on 9/20/24. The shares closed at $5.10. Moreover, trading volume in this decline was exceptionally high at 1073% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -12.1% during the last week.
Current PriceTarget Research Rating
ADES’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Advanced Emissions Solutions has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Advanced Emissions Solutions has a slightly negative Appreciation Score of 38 but a very high Power Rating of 98, producing the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment