On 3/8/24, Willdan Group Inc (NASDAQ: WLDN) stock enjoyed a major increase of 24.3%, closing at $24.68. Moreover, trading volume in this advance was exceptionally high at 691% of normal. The stock has performed in line with the market over the last nine months and has risen 18.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WLDN is expected to continue to be a Value Builder.
Willdan Group has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Willdan Group has a poor Appreciation Score of 26 but a slightly positive Power Rating of 66, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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