TechPrecision Corp (NASDAQ: TPCSD) stock enjoyed a major increase of 53.3% on 4/8/24. The shares closed at $5.12. Moreover, exceptionally high trading volume at 2705% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 41.8% during the last week.
Current PriceTarget Research Rating
TPCSD is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
TechPrecision has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. TechPrecision has a very low Appreciation Score of 14 and a very low Power Rating of 5, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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