Criteo SA (NASDAQ: CRTO) stock suffered a major decline of -21.3% on 10/30/24. The shares closed at $33.59. Moreover, this decline was accompanied by exceptionally high trading volume at 517% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -17.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CRTO is expected to continue to be an important Value Builder.
Criteo has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Criteo has a slightly negative Appreciation Score of 32 but a very high Power Rating of 87, producing the High Neutral Value Trend Rating.
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.
Be the first to comment