Alert: Major Price Decline (8/9/24)-Harte Hanks Inc. (NASDAQ: HHS).

out_logo_500#09107.jpg

Harte Hanks Inc. (NASDAQ: HHS) stock closed at $7.17 on 8/9/24 after a major decline of -12.7%. Moreover, above average trading volume at 126% of normal accompanied the decline. The stock has declined -14.7% during the last week but has been strong relative to the market over the last nine months.

out_mm#09107.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, HHS is expected to continue to be a major Value Builder.

Harte Hanks has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Harte Hanks has a very low Appreciation Score of 7 but a good Power Rating of 72, producing 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*