On 10/16/24, American Superconductor Corp (NASDAQ: AMSC) stock enjoyed a major increase of 13.4%, closing at $26.39. Moreover, exceptionally high trading volume at 216% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 16.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AMSC is expected to be Value Creation neutral.
American Superconductor has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. American Superconductor has a very low Appreciation Score of 11 but a very high Power Rating of 94, producing 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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