CRA International Inc (NASDAQ: CRAI) stock suffered a major decline of -12.9% on 8/1/24. The shares closed at $152.32. Moreover, exceptionally high trading volume at 238% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -15.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CRAI is expected to continue to be a major Value Builder.
CRA International has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CRA International has a very low Appreciation Score of 13 but a very high Power Rating of 99, resulting in the High 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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