Alert: Major Price Advance (5/1/24)-ProPhase Labs Inc (NASDAQ: PRPH).

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ProPhase Labs Inc (NASDAQ: PRPH) stock enjoyed a major increase of 12.6% on 5/1/24. The shares closed at $5.19. However, trading volume in this advance was unusually low at 51% of normal. Relative to the market the stock has been strong over the last nine months and has risen 0.6% during the last week.

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Current PriceTarget Research Rating

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

ProPhase Labs has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. ProPhase Labs has a neutral Appreciation Score of 57 and a neutral Power Rating of 48, with the Neutral Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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