Fonar Corp (NASDAQ: FONR) stock enjoyed a major increase of 10.5% on 11/21/24. The shares closed at $16.45. Moreover, trading volume in this advance was exceptionally high at 225% of normal. Relative to the market the stock has been weak over the last nine months but has risen 4.6% during the last week.
Current PriceTarget Research Rating
Fonar has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Fonar has a good Appreciation Score of 74 but a slightly negative Power Rating of 37, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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