Alert: Positive Investment/Fundamental Signals (12/8/23)-Galapagos NV (NASDAQ: GLPG)


Galapagos NV (NASDAQ: GLPG). Extremely significant positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.

Slight positive changes in Galapagos NV (NASDAQ: GLPG) fundamentals have recently occurred: 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.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, GLPG is expected to continue to be Value Creation neutral.

Galapagos has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Galapagos has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 30, with the Low Neutral Value Trend Rating the result.

Recent Price Action

On 12/8/23, Galapagos NV (NASDAQ: GLPG) stock rose modestly by 0.5%, closing at $39.49. However, below average trading volume at 70% of normal accompanied the advance. The stock has risen 5.5% during the last week and has performed in line with the market over the last nine months.

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