The Cato Corp (NYSE: CATO) stock suffered a major decline of -26.8% on 11/22/24. The shares closed at $3.63. Moreover, trading volume in this decline was exceptionally high at 977% of normal. The stock has declined -39.8% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Cato has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cato has a very high Appreciation Score of 86 but a neutral Power Rating of 41, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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