Stock Rating Downgrade
The Value Trend Rating for Digimarc Corp (NASDAQ: DMRC) weakened in recent days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/1/24, Digimarc Corp (NASDAQ: DMRC) stock rose modestly by 0.6%, closing at $35.27. Moreover, trading volume in this advance was exceptionally high at 217% of normal. The stock has declined -2.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, DMRC is expected to continue to be Value Creation neutral.
Digimarc has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Digimarc has a very low Appreciation Score of 2 but a very high Power Rating of 86, triggering the Negative Value Trend Rating.
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