Alert: Major Price Decline (9/10/24)-UFP Technologies Inc (NASDAQ: UFPT).

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UFP Technologies Inc (NASDAQ: UFPT) stock closed at $292.22 on 9/10/24 after a major decline of -10.1%. Moreover, this decline was accompanied by unusually high trading volume at 159% of normal. The stock has declined -14.4% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, UFPT is expected to continue to be a Value Builder.

UFP Technologies 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. UFP Technologies has a poor Appreciation Score of 19 but a very high Power Rating of 98, and the High Neutral Value Trend Rating results.

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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