Alert: Major Price Decline (6/5/24)-Sportsmans Warehouse Holdings In (NASDAQ: SPWH).

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On 6/5/24, Sportsmans Warehouse Holdings In (NASDAQ: SPWH) stock suffered a major decline of -12.7%, closing at $3.34. Moreover, this decline was accompanied by exceptionally high trading volume at 210% of normal. The stock has declined -2.8% during the last week and has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SPWH is expected to be Value Creation neutral.

Sportsmans Warehouse Holdings In has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sportsmans Warehouse Holdings In has a slightly positive Appreciation Score of 68 but a very low Power Rating of 9, producing the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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