Magal Security Systems Ltd (NASDAQ: MAGS) has reported a loss for its second fiscal quarter (ending June 30) of $-0.01 versus $0.08 for the same period a year ago — a decline of -112%. E.P.S. were $0.02 for the latest four quarters through June 30 versus $0.07 for the same period a year ago — a decline of -71%.
Recent Price Action
Magal Security Systems Ltd (NASDAQ: MAGS) stock closed at $4.18 on 8/15/19 after a very large decline of -9.5%. Moreover, exceptionally high trading volume at 315% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -9.9% during the last week.
Current PriceTarget Research Rating
MAGS is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Magal Sec Sys 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 inconsistent signals. Magal Sec Sys has a neutral Power Rating of 41 but a poor Appreciation Score of 18, leading to the Lowest Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.