On 3/28/24, inTest Corp (NYSEAMERICAN: INTT) stock enjoyed a major increase of 16.5%, closing at $13.25. Moreover, this advance was accompanied by exceptionally high trading volume at 341% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 18.9% during the last week.
Current PriceTarget Research Rating
INTT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
inTest has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. inTest has a neutral Appreciation Score of 44 but a poor Power Rating of 25, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive 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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