Prothena Corp Plc (NASDAQ: PRTA) stock suffered a major decline of -13.2% on 1/8/24. The shares closed at $35.28. Moreover, exceptionally high trading volume at 478% of normal accompanied the decline. The stock has declined -8.3% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
PRTA's future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a modest Value Eraser.
Prothena has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock's attractiveness. Prothena has a very low Appreciation Score of 10 and a very low Power Rating of 9, with the Lowest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.