Recent extremely meaningful negative changes in investment behavior have impacted Radware Ltd (NASDAQ: RDWR): its longer term price trend turned down, and negative upside/downside volume developed.
Radware Ltd (NASDAQ: RDWR) has recently experienced significant 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
With future capital returns forecasted to be above the cost of capital, RDWR is expected to continue to be an important Value Builder.
Radware has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Radware has a neutral Power Rating of 43 but a very low Appreciation Score of 13, triggering the Lowest Value Trend Rating.
Recent Price Action
Radware Ltd (NASDAQ: RDWR) stock declined by -2.2% on 3/22/24. The shares closed at $19.01. However, this decline was accompanied by exceptionally low trading volume at 26% of normal. The stock has performed in line with the market over the last nine months and has declined -6.7% during the last week.
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