On 9/18/19, Adesto Technologies Corp (NASDAQ: IOTS) stock suffered a major decline of -14.8%, closing at $9.06. Moreover, this decline was accompanied by exceptionally high trading volume at 1108% of normal. The stock has declined -17.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
IOTS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Adesto Technologies has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Adesto Technologies has a poor Appreciation Score of 22 but a very high Power Rating of 100, producing the Positive Value Trend Rating.
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.