Frequency Electronics Inc. (NASDAQ: FEIM) has recently enjoyed extremely important positive changes in investment behavior: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
Moderate positive changes in Frequency Electronics Inc. (NASDAQ: FEIM) fundamentals have recently occurred. Positive developments: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred. Negative development: the stock’s power rating fell below 50.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Frequency Electronics has a neutral Power Rating of 43 but a very low Appreciation Score of 7, resulting in the Lowest Value Trend Rating.
Recent Price Action
Frequency Electronics Inc. (NASDAQ: FEIM) stock closed at $13.85 on 7/24/24 after a modest gain of 0.9%. Moreover, exceptionally high trading volume at 577% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 44.7% during the last week.
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