BK Technologies Corp (NYSEAMERICAN: BKTI) stock enjoyed a major increase of 10.4% on 9/24/24. The shares closed at $23.48. Moreover, this advance was accompanied by exceptionally high trading volume at 503% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, BKTI is expected to continue to be Value Creation neutral.
BK Technologies has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. BK Technologies has a very low Appreciation Score of 7 but a very high Power Rating of 87, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment