Alert: Positive Investment/Fundamental Signals (12/7/23)-Kamada Ltd (NASDAQ: KMDA)

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Kamada Ltd (NASDAQ: KMDA) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

Kamada Ltd (NASDAQ: KMDA) has benefited from meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

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

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, KMDA is expected to be Value Creation neutral.

Kamada has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kamada has a neutral Appreciation Score of 44 and a slightly positive Power Rating of 63, resulting in the Neutral Value Trend Rating.

Recent Price Action

On 12/7/23, Kamada Ltd (NASDAQ: KMDA) stock rose modestly by 0.7%, closing at $5.89. Moreover, trading volume in this advance was exceptionally high at 351% of normal. Relative to the market the stock has been strong over the last nine months and has risen 23.5% during the last week.

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