Stock Rating Downgrade
The Value Trend Rating for inTest Corp (NYSEAMERICAN: INTT) fell significantly recently from C to F reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 9/13/24, inTest Corp (NYSEAMERICAN: INTT) stock enjoyed a large increase of 2.4%, closing at $6.90. However, trading volume in this advance was exceptionally low at 46% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 6.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, INTT is expected to continue to be a modest Value Builder.
inTest has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. inTest has a slightly negative Appreciation Score of 39 and a very low Power Rating of 7, producing the Lowest Value Trend Rating.
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