Stock Rating Downgrade
In recent days the Value Trend Rating for NewtekOne Inc (NASDAQ: NEWT) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
NewtekOne Inc (NASDAQ: NEWT) stock declined by -2.2% on 12/27/24. The shares closed at $13.01. However, this decline was accompanied by normal trading volume at 83% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.8% during the last week.
Current PriceTarget Research Rating
NewtekOne has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NewtekOne has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 67, producing the High Neutral Value Trend Rating.
Be the first to comment