Sow Good Inc (NASDAQ: SOWG) stock suffered a major decline of -11.4% on 7/17/24. The shares closed at $19.52. Moreover, trading volume in this decline was unusually high at 165% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -9.2% during the last week.
Current PriceTarget Research Rating
SOWG’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Sow Good 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. Sow Good has a very low Appreciation Score of 6 but a very high Power Rating of 98, 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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