On 9/27/24, TROOPS Inc (NASDAQ: TROO) stock enjoyed a major increase of 15.6%, closing at $3.48. However, exceptionally low trading volume at 21% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 15.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, TROO is expected to continue to be Value Creation neutral.
TROOPS 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. TROOPS has a very low Appreciation Score of 4 but a very high Power Rating of 95, resulting in the Neutral Value Trend Rating.
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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