Recent exceptional negative changes in investment behavior have affected Viatris Inc (NASDAQ: VTRS): the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
Viatris Inc (NASDAQ: VTRS) suffers from important negative changes in fundamentals: the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
VTRS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Viatris has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Viatris has a good Appreciation Score of 85 but a slightly negative Power Rating of 37, and the High Neutral Value Trend Rating results.
Recent Price Action
On 9/25/24, Viatris Inc (NASDAQ: VTRS) stock declined modestly by -1.6%, closing at $11.27. Moreover, exceptionally high trading volume at 225% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -4.7% during the last week.
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