Rambus Inc (NASDAQ: RMBS) stock closed at $51.00 on 10/29/24 after a major increase of 13.8%. Moreover, trading volume in this advance was exceptionally high at 203% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 22.5% during the last week.
Current PriceTarget Research Rating
RMBS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Rambus has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rambus has a poor Appreciation Score of 28 and a poor Power Rating of 27, 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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