Viavi Solutions Inc (NASDAQ: VIAV) suffers from extremely meaningful negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.
Viavi Solutions Inc (NASDAQ: VIAV) 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 F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
VIAV’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Viavi Solutions has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Viavi Solutions has a slightly negative Power Rating of 30 and a poor Appreciation Score of 16, leading to the Lowest Value Trend Rating.
Recent Price Action
On 3/19/24, Viavi Solutions Inc (NASDAQ: VIAV) stock rose modestly by 0.6%, closing at $9.67. However, trading volume in this advance was unusually low at 55% of normal. The stock has been weak relative to the market over the last nine months and has declined -9.5% during the last week.
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