Alert: Positive Investment/Fundamental Signals (12/4/23)-ASML Holding NV (NASDAQ: ASML)


Extremely important positive changes in investment behavior have recently occurred for ASML Holding NV (NASDAQ: ASML): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

ASML Holding NV (NASDAQ: ASML). Meaningful positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ASML is expected to continue to be a major Value Builder.

ASML Holding has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. ASML Holding has a poor Appreciation Score of 18 but a neutral Power Rating of 50, leading to the Negative Value Trend Rating.

Recent Price Action

ASML Holding NV (NASDAQ: ASML) stock declined slightly by -0.3% on 12/4/23. The stock closed at $690.32. However, this decline was accompanied by below average trading volume at 75% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.

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