Extremely significant negative changes in Cohu Inc (NASDAQ: COHU) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
Recent notable negative changes in fundamentals have affected Cohu Inc (NASDAQ: COHU): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
COHU is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Cohu has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cohu has a neutral Appreciation Score of 44 but a poor Power Rating of 19, resulting in the Negative Value Trend Rating.
Recent Price Action
On 9/20/24, Cohu Inc (NASDAQ: COHU) stock declined by -3.3%, closing at $24.79. Moreover, exceptionally high trading volume at 231% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months but has risen 4.1% during the last week.
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