Alert: Major Price Advance (3/7/24)-OneSpan Inc (NASDAQ: OSPN).

out_logo_500#31588.jpg

OneSpan Inc (NASDAQ: OSPN) stock enjoyed a major increase of 23.1% on 3/7/24. The shares closed at $11.79. Moreover, this advance was accompanied by exceptionally high trading volume at 915% of normal. The stock has been weak relative to the market over the last nine months but has risen 24.5% during the last week.

out_mm#31588.jpg

Current PriceTarget Research Rating

OSPN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a major Value Builder.

OneSpan has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. OneSpan has a poor Power Rating of 27 and a poor Appreciation Score of 26, with the Lowest Value Trend Rating the result.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*