Stock Rating Downgrade
Of late the Value Trend Rating for Chunghwa Telecom Co Ltd (NYSE: CHT) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/20/24, Chunghwa Telecom Co Ltd (NYSE: CHT) stock declined slightly by -0.9%, closing at $37.61. Moreover, this decline was accompanied by above average trading volume at 142% of normal. The stock has performed in line with the market over the last nine months and has declined -1.3% during the last week.
Current PriceTarget Research Rating
Chunghwa Telecom has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Chunghwa Telecom has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 39, resulting in the Negative Value Trend Rating.
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