Cohu Inc (NASDAQ: COHU) stock suffered a major decline of -12.5% on 8/1/24. The shares closed at $28.00. Moreover, this decline was accompanied by exceptionally high trading volume at 397% of normal. The stock has been weak relative to the market over the last nine months and has declined -10.9% during the last week.
Current PriceTarget Research Rating
COHU is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Cohu has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Cohu has a slightly negative Appreciation Score of 36 and a slightly negative Power Rating of 32, triggering the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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