Recent exceptional negative changes in investment behavior have affected Friedman Industries Inc (NYSEAMERICAN: FRD): the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.
Friedman Industries Inc (NYSEAMERICAN: FRD) has recently experienced meaningful negative changes in fundamentals: 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 A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Friedman Industries has a current Value Trend Rating of A (Highest Rating). This VT Rating improved modestly in recent days from B previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Friedman Industries has a slightly positive Power Rating of 63 and a good Appreciation Score of 84, and the Highest Value Trend Rating results.
Recent Price Action
On 3/28/25, Friedman Industries Inc (NYSEAMERICAN: FRD) stock declined by -3.9%, closing at $15.08. However, below average trading volume at 72% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -12.3% during the last week.
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