TechPrecision Corp (NASDAQ: TPCSD) stock closed at $3.67 on 2/26/24 after a major increase of 12.2%. Moreover, trading volume in this advance was unusually high at 193% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 4.7% during the last week.
Current PriceTarget Research Rating
TPCSD is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
TechPrecision 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 highly consistent signals. TechPrecision has a very low Appreciation Score of 14 and a very low Power Rating of 9, 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.
Be the first to comment