Simulations Plus Inc (NASDAQ: SLP) stock enjoyed a major increase of 23.6% on 4/4/24. The shares closed at $47.54. Moreover, exceptionally high trading volume at 584% of normal accompanied the advance. The stock has risen 15.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
SLP is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Simulations Plus 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 complementary signals. Simulations Plus has a slightly negative Power Rating of 35 and a very low Appreciation Score of 6, 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.
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