Aviat Networks Inc (NASDAQ: AVNW) stock closed at $13.70 on 11/6/24 after a major decline of -34.5%. Moreover, exceptionally high trading volume at 777% of normal accompanied the decline. The stock has declined -34.4% during the last week and has been extremely weak relative to the market over the last nine months.
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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Aviat Networks has a very high Appreciation Score of 89 but a very low Power Rating of 7, leading to the Low 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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