Alert: Major Price Advance (4/4/24)-STAAR Surgical Co (NASDAQ: STAA).

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STAAR Surgical Co (NASDAQ: STAA) stock enjoyed a major increase of 16.5% on 4/4/24. The shares closed at $45.51. Moreover, exceptionally high trading volume at 332% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 26.4% during the last week.

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Current PriceTarget Research Rating

STAA is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

STAAR Surgical has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. STAAR Surgical has a poor Appreciation Score of 17 and a very low Power Rating of 9, 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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