On 4/26/24, Data I/O Corp (NASDAQ: DAIO) stock suffered a major decline of -11.5%, closing at $3.14. Moreover, trading volume in this decline was exceptionally high at 258% of normal. The stock has declined -8.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, DAIO is expected to continue to be a modest Value Eraser.
Data I/O has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Data I/O has a poor Power Rating of 29 and a very low Appreciation Score of 14, and the Lowest Value Trend Rating results.
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.
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