Assembly Biosciences Inc (NASDAQ: ASMB) stock closed at $16.00 on 10/9/24 after a major increase of 11.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 275% of normal. The stock has risen 8.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ASMB’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Assembly Biosciences has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Assembly Biosciences has a very low Appreciation Score of 6 but a very high Power Rating of 89, triggering the Low 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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