AMERISAFE Inc (NASDAQ: AMSF) stock enjoyed a major increase of 10.6% on 10/24/24. The shares closed at $56.17. Moreover, trading volume in this advance was exceptionally high at 218% of normal. The stock has performed in line with the market over the last nine months and has risen 10.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AMSF is expected to continue to be a Value Builder.
AMERISAFE has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AMERISAFE has a neutral Power Rating of 43 but a very low Appreciation Score of 12, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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