Northfield Capital Corp (CVE: NFD.A) stock closed at $21.50 on 5/15/24 after a major decline of -21.8%. Moreover, exceptionally high trading volume at 1600% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -29.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, NFD.A is expected to continue to be Value Creation neutral.
Northfield Capital has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northfield Capital has a poor Power Rating of 27 and a poor Appreciation Score of 20, 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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