On 4/4/24, Advanced Emissions Solutions Inc (NASDAQ: ADES) stock suffered a major decline of -10.7%, closing at $6.75. Moreover, exceptionally high trading volume at 339% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 4.2% during the last week.
Current PriceTarget Research Rating
ADES is expected to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Advanced Emissions Solutions has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Advanced Emissions Solutions has a slightly negative Appreciation Score of 39 but a very high Power Rating of 98, and the Positive Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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