TechPrecision Corp (NASDAQ: TPCSD) stock suffered a major decline of -12.0% on 3/22/24. The shares closed at $3.65. Moreover, this decline was accompanied by above average trading volume at 130% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -8.7% 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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. TechPrecision has a very low Appreciation Score of 12 and a very low Power Rating of 7, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this highly negative 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