Frequency Electronics Inc. (NASDAQ: FEIM) stock closed at $13.73 on 7/23/24 after a major increase of 35.9%. Moreover, trading volume in this advance was exceptionally high at 3185% of normal. The stock has performed in line with the market over the last nine months and has risen 47.6% during the last week.
Current PriceTarget Research Rating
FEIM’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Frequency Electronics has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Frequency Electronics has a neutral Power Rating of 43 but a very low Appreciation Score of 7, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment