Northern Technologies Internatio (NASDAQ: NTIC) stock suffered a major decline of -10.0% on 5/13/24. The shares closed at $17.05. Moreover, exceptionally high trading volume at 224% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -4.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NTIC is expected to be a Value Builder.
Northern Technologies Internatio has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Northern Technologies Internatio has a poor Appreciation Score of 24 but a good Power Rating of 82, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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