PetMed Express Inc (NASDAQ: PETS) stock closed at $5.73 on 11/7/24 after a major increase of 35.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 1228% of normal. The stock has risen 42.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
PETS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
PetMed Express has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PetMed Express has a poor Appreciation Score of 28 and a very low Power Rating of 12, triggering the Lowest Value Trend Rating.
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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