Aviat Networks Inc (NASDAQ: AVNW) stock suffered a major decline of -13.8% on 9/12/24. The shares closed at $20.99. Moreover, trading volume in this decline was exceptionally high at 772% of normal. Relative to the market the stock has been weak over the last nine months and has declined -20.6% during the last week.
Current PriceTarget Research Rating
AVNW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Aviat Networks has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Aviat Networks has a good Appreciation Score of 81 but a poor Power Rating of 20, triggering the 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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