ASML Holding NV (NASDAQ: ASML) stock suffered a major decline of -16.3% on 10/15/24. The shares closed at $730.43. Moreover, this decline was accompanied by exceptionally high trading volume at 646% of normal. The stock has been weak relative to the market over the last nine months and has declined -10.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ASML is expected to continue to be a major Value Builder.
ASML Holding has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. ASML Holding has a neutral Power Rating of 44 and a neutral Appreciation Score of 44, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this highly negative 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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