Extremely significant negative changes in Belden Inc (NYSE: BDC) investment behavior have recently occurred: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Meaningful negative changes in Belden Inc (NYSE: BDC) fundamentals have recently occurred: 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
Belden has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Belden has a slightly negative Appreciation Score of 34 but a very high Power Rating of 95, triggering the Positive Value Trend Rating.
Recent Price Action
Belden Inc (NYSE: BDC) stock closed at $113.74 on 12/20/24 after a slight decline of -0.8%. Moreover, exceptionally high trading volume at 389% of normal accompanied the decline. The stock has declined -7.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
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