Stock Rating Upgrade
In recent days the Value Trend Rating for Alkermes Plc (NASDAQ: ALKS) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Alkermes Plc (NASDAQ: ALKS) stock declined slightly by -0.5% on 2/21/25. The stock closed at $35.32. However, trading volume in this decline was unusually low at 62% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.4% during the last week.
Current PriceTarget Research Rating
Alkermes has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Alkermes has a poor Appreciation Score of 24 but a slightly positive Power Rating of 65, producing the Low Neutral Value Trend Rating.
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