XOMA Corp (NASDAQ: XOMA) stock enjoyed a major increase of 16.2% on 12/19/23. The shares closed at $18.48. Moreover, trading volume in this advance was exceptionally high at 328% of normal. The stock has been weak relative to the market over the last nine months but has risen 18.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, XOMA is expected to be a modest Value Eraser.
XOMA has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. XOMA has a poor Power Rating of 28 and a poor Appreciation Score of 18, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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