Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Movado Group Inc (NYSE: MOV) improved in the last week. MOV’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
Movado Group Inc (NYSE: MOV) stock declined slightly by -0.6% on 1/10/25. The stock closed at $19.09. However, trading volume in this decline was unusually low at 58% of normal. The stock has been weak relative to the market over the last nine months and has declined -3.0% during the last week.
Current PriceTarget Research Rating
Movado Group has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Movado Group has a slightly positive Appreciation Score of 69 but a poor Power Rating of 22, resulting in the Low Neutral Value Trend Rating.
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