On 11/6/24, Atlanticus Holdings Corp (NASDAQ: ATLC) stock enjoyed a major increase of 10.2%, closing at $41.77. Moreover, this advance was accompanied by exceptionally high trading volume at 386% of normal. The stock has been strong relative to the market over the last nine months and has risen 10.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, ATLC is expected to continue to be an important Value Builder.
Atlanticus Holdings has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Atlanticus Holdings has a good Power Rating of 80 and a very high Appreciation Score of 91, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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