Stock Rating Downgrade
The Value Trend Rating for Mastech Digital Inc (NYSEAMERICAN: MHH) weakened in the last week from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Mastech Digital Inc (NYSEAMERICAN: MHH) stock declined by -4.0% on 1/10/25. The shares closed at $13.70. However, trading volume in this decline was exceptionally low at 20% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -8.1% during the last week.
Current PriceTarget Research Rating
Mastech Digital has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mastech Digital has a poor Appreciation Score of 29 but a very high Power Rating of 95, producing the High Neutral Value Trend Rating.
Be the first to comment