Spok Holdings Inc (NASDAQ: SPOK) stock closed at $14.83 on 12/5/23 after a major decline of -12.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 430% of normal. The stock has declined -17.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SPOK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Spok Holdings has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Spok Holdings has a poor Appreciation Score of 29 but a very high Power Rating of 98, triggering the Positive Value Trend Rating.
Rating Review
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.
Be the first to comment