Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for OneSpan Inc (NASDAQ: OSPN) improved during the last several trading days. OSPN’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/8/24, OneSpan Inc (NASDAQ: OSPN) stock rose modestly by 0.6%, closing at $17.42. Moreover, unusually high trading volume at 185% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.4% during the last week.
Current PriceTarget Research Rating
OSPN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a major Value Builder.
OneSpan has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. OneSpan has a neutral Appreciation Score of 44 but a very high Power Rating of 96, producing the Positive Value Trend Rating.
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