Banco Macro SA (NYSE: BMA) stock closed at $106.83 on 12/16/24 after a major increase of 14.9%. Moreover, trading volume in this advance was exceptionally high at 324% of normal. The stock has risen 23.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Banco Macro has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Banco Macro has a slightly negative Appreciation Score of 34 but a very high Power Rating of 87, leading to the High Neutral Value Trend Rating.
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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