On 12/2/24, Yandex NV (NASDAQ: YNDX) stock enjoyed a major increase of 17.1%, closing at $25.75. However, this advance was accompanied by exceptionally low trading volume at -99999% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 17.0% during the last week.
Current PriceTarget Research Rating
Yandex has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Yandex has a neutral Appreciation Score of 49 but a very high Power Rating of 95, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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