L.B. Foster Co (NASDAQ: FSTR) suffers from extremely meaningful negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, the stock fell on very heavy volume, and negative upside/downside volume developed.
L.B. Foster Co (NASDAQ: FSTR) has recently experienced minimal negative changes in fundamentals: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, FSTR is expected to continue to be Value Creation neutral.
L.B. Foster has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. L.B. Foster has a very low Appreciation Score of 14 but a good Power Rating of 83, triggering the Neutral Value Trend Rating.
Recent Price Action
L.B. Foster Co (NASDAQ: FSTR) stock closed at $20.64 on 6/25/24 after a large decline of -6.4%. Moreover, this decline was accompanied by exceptionally high trading volume at 236% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -15.1% during the last week.
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