Kaiser Aluminum Corp (NASDAQ: KALU). Significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Kaiser Aluminum Corp (NASDAQ: KALU): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Kaiser Aluminum has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kaiser Aluminum has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 32, leading to the Low Neutral Value Trend Rating.
Recent Price Action
Kaiser Aluminum Corp (NASDAQ: KALU) stock declined slightly by -0.9% on 11/15/24. The stock closed at $80.63. However, this decline was accompanied by below average trading volume at 77% of normal. The stock has been weak relative to the market over the last nine months and has declined -3.5% during the last week.
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