Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Escalade Inc (NASDAQ: ESCA) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Escalade Inc (NASDAQ: ESCA) stock closed at $13.42 on 4/8/24 after an increase of 1.5%. Moreover, unusually high trading volume at 187% of normal accompanied the advance. The stock has declined -2.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
ESCA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Escalade has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Escalade has a neutral Power Rating of 47 and a slightly negative Appreciation Score of 34, with the Negative Value Trend Rating the result.
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