Extremely important negative changes in investment behavior have recently occurred for NetScout Systems Inc (NASDAQ: NTCT): its longer term price trend turned down, and negative upside/downside volume developed.
Significant negative changes in fundamentals have recently occurred for NetScout Systems Inc (NASDAQ: NTCT): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
NetScout Systems has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NetScout Systems has a neutral Power Rating of 57 but a good Appreciation Score of 71, resulting in the Positive Value Trend Rating.
Recent Price Action
On 12/18/24, NetScout Systems Inc (NASDAQ: NTCT) stock declined by -3.8%, closing at $21.51. Moreover, this decline was accompanied by above average trading volume at 149% of normal. The stock has performed in line with the market over the last nine months and has declined -5.5% during the last week.
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