Stock Rating Downgrade
In recent days the Value Trend Rating for Crown Crafts Inc (NASDAQ: CRWS) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Crown Crafts Inc (NASDAQ: CRWS) stock closed at $5.08 on 5/1/24 after being unchanged was unchanged. However, trading volume in this flat performance was exceptionally low at 37% of normal. The stock has declined -1.2% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CRWS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Crown Crafts 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. Crown Crafts has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 61, with the High Neutral Value Trend Rating the result.
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