Northern Technologies Internatio (NASDAQ: NTIC) stock closed at $13.98 on 7/11/24 after a major decline of -11.0%. Moreover, exceptionally high trading volume at 252% of normal accompanied the decline. The stock has declined -15.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Northern Technologies Internatio has a slightly negative Appreciation Score of 30 but a very high Power Rating of 97, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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