BK Technologies Corp (NYSEAMERICAN: BKTI) stock enjoyed a major increase of 15.2% on 8/12/24. The shares closed at $15.73. Moreover, this advance was accompanied by exceptionally high trading volume at 655% of normal. The stock has risen 22.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, BKTI is expected to continue to be Value Creation neutral.
BK Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BK Technologies has a very low Appreciation Score of 8 but a neutral Power Rating of 55, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive 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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