Servotronics Inc. (NYSEAMERICAN: SVT) stock closed at $11.64 on 3/15/24 after a major decline of -16.0%. Moreover, exceptionally high trading volume at 636% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -12.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, SVT is expected to be a modest Value Eraser.
Servotronics has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Servotronics has a poor Appreciation Score of 28 but a neutral Power Rating of 51, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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