Stock Rating Downgrade
The Value Trend Rating for Digi International Inc (NASDAQ: DGII) weakened in the last week from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Digi International Inc (NASDAQ: DGII) stock declined slightly by -0.9% on 11/15/24. The stock closed at $31.41. Moreover, trading volume in this decline was unusually high at 162% of normal. The stock has performed in line with the market over the last nine months and has declined -1.8% during the last week.
Current PriceTarget Research Rating
Digi International has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Digi International has a slightly negative Appreciation Score of 34 and a neutral Power Rating of 50, with the Negative Value Trend Rating the result.
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