CSP Inc (NASDAQ: CSPI) stock closed at $17.33 on 4/12/24 after a major decline of -11.4%. However, trading volume in this decline was exceptionally low at 36% of normal. The stock has declined -5.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CSPI is expected to be a modest Value Builder.
CSP has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CSP has a slightly negative Appreciation Score of 35 but a very high Power Rating of 96, producing the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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