Frequency Electronics Inc. (NASDAQ: FEIM). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Notable positive changes in fundamentals have recently occurred for Frequency Electronics Inc. (NASDAQ: FEIM): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
FEIM’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Frequency Electronics has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Frequency Electronics has a very low Appreciation Score of 14 but a slightly positive Power Rating of 69, and the Negative Value Trend Rating results.
Recent Price Action
On 9/11/24, Frequency Electronics Inc. (NASDAQ: FEIM) stock suffered a large decline of -8.2%, closing at $12.61. Moreover, unusually high trading volume at 199% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -9.5% during the last week.
Be the first to comment