GRAVITY Co Ltd (NASDAQ: GRVY) stock enjoyed a major increase of 12.3% on 10/17/24. The shares closed at $67.33. Moreover, exceptionally high trading volume at 300% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 14.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GRVY is expected to continue to be a Value Builder.
GRAVITY has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. GRAVITY has a very high Appreciation Score of 95 but a slightly negative Power Rating of 36, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment