TTM Technologies Inc (NASDAQ: TTMI) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
TTM Technologies Inc (NASDAQ: TTMI) suffers from marginal negative changes in fundamentals: significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TTMI is expected to continue to be an important Value Builder.
TTM Technologies has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TTM Technologies has a slightly positive Power Rating of 61 and a slightly positive Appreciation Score of 63, and the High Neutral Value Trend Rating results.
Recent Price Action
On 4/22/24, TTM Technologies Inc (NASDAQ: TTMI) stock increased 1.5%, closing at $14.26. However, this advance was accompanied by unusually low trading volume at 66% of normal. Relative to the market the stock has been strong over the last nine months but has declined -0.6% during the last week.
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