Stock Rating Downgrade
Of late the Value Trend Rating for Photronics Inc (NASDAQ: PLAB) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Photronics Inc (NASDAQ: PLAB) stock closed at $26.49 on 12/13/24 after a modest gain of 0.8%. Moreover, this advance was accompanied by above average trading volume at 129% of normal. The stock has risen 9.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Photronics has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Photronics has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 33, leading to the Negative Value Trend Rating.
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