Mesoblast Ltd (NASDAQ: MESO) stock enjoyed a major increase of 13.3% on 12/13/24. The shares closed at $11.76. Moreover, trading volume in this advance was unusually high at 185% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.9% during the last week.
Current PriceTarget Research Rating
Mesoblast has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mesoblast has a very low Appreciation Score of 12 but a very high Power Rating of 92, and the Neutral Value Trend Rating results.
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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