Perma-Pipe International Holding (NASDAQ: PPIH) stock suffered a major decline of -14.1% on 12/18/24. The shares closed at $13.81. Moreover, exceptionally high trading volume at 210% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -18.1% during the last week.
Current PriceTarget Research Rating
Perma-Pipe International Holding has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Perma-Pipe International Holding has a neutral Appreciation Score of 48 but a very high Power Rating of 96, with the Positive Value Trend Rating the result.
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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