Alert: Major Price Decline (12/5/24)-AeroVironment Inc (NASDAQ: AVAV).

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On 12/5/24, AeroVironment Inc (NASDAQ: AVAV) stock suffered a major decline of -15.9%, closing at $165.62. Moreover, trading volume in this decline was exceptionally high at 671% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -15.7% during the last week.

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Current PriceTarget Research Rating

AeroVironment has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AeroVironment has a poor Appreciation Score of 24 but a very high Power Rating of 89, resulting in the 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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