TTM Technologies Inc (NASDAQ: TTMI) stock closed at $16.65 on 5/2/24 after a major increase of 12.7%. Moreover, exceptionally high trading volume at 260% of normal accompanied the advance. The stock has risen 13.9% during the last week and has been strong relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. TTM Technologies has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 60, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment