Charles River Labs ( (CRL) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Charles River Labs is experiencing a positive operational momentum due to improvements in its DSA net book-to-bill ratio. However, despite strong revenue growth and cash flow, the company is facing profitability challenges, raising concerns over its valuation. This has resulted in mixed analyst opinions, with some maintaining a buy rating while others remain neutral.
More about Charles River Labs
YTD Price Performance: -3.59%
Average Trading Volume: 1,028,504
Technical Sentiment Signal: Hold
Current Market Cap: $8.67B
For further insights into CRL stock on TipRanks’ Stock Analysis page.
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