On 3/7/24, Infinera Corp (NASDAQ: INFN) stock suffered a major decline of -11.8%, closing at $4.86. Moreover, trading volume in this decline was exceptionally high at 572% of normal. Relative to the market the stock has been strong over the last nine months but has declined -4.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, INFN is expected to continue to be a major Value Builder.
Infinera has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Infinera has a poor Appreciation Score of 15 but a good Power Rating of 71, resulting in the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment