On 12/1/23, CSP Inc (NASDAQ: CSPI) stock enjoyed a major increase of 11.0%, closing at $27.70. Moreover, trading volume in this advance was exceptionally high at 231% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 8.5% during the last week.
Current PriceTarget Research Rating
CSPI's future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
CSP has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. CSP has a very low Appreciation Score of 7 but a very high Power Rating of 94, leading to the 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.