BeiGene Ltd (NASDAQ: BGNE). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
BeiGene Ltd (NASDAQ: BGNE). Marginal negative changes in fundamentals have recently occurred: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BeiGene has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. BeiGene has a very low Appreciation Score of 14 but a good Power Rating of 85, resulting in the Neutral Value Trend Rating.
Recent Price Action
BeiGene Ltd (NASDAQ: BGNE) stock suffered a large decline of -9.7% on 12/10/24. The stock closed at $187.50. Moreover, exceptionally high trading volume at 328% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -8.9% during the last week.
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