Northern Technologies Internatio (NASDAQ: NTIC) stock enjoyed a major increase of 13.6% on 4/11/24. The shares closed at $13.75. Moreover, this advance was accompanied by exceptionally high trading volume at 565% of normal. The stock has performed in line with the market over the last nine months and has risen 12.2% during the last week.
Current PriceTarget Research Rating
NTIC is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Northern Technologies Internatio has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Northern Technologies Internatio has a neutral Appreciation Score of 42 and a neutral Power Rating of 53, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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