On 5/9/24, BGSF Inc (NYSE: BGSF) stock suffered a major decline of -15.7%, closing at $7.70. Moreover, this decline was accompanied by exceptionally high trading volume at 1525% of normal. Relative to the market the stock has been weak over the last nine months and has declined -9.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, BGSF is expected to be Value Creation neutral.
BGSF 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 consistent signals. BGSF has a slightly negative Power Rating of 40 and a poor Appreciation Score of 26, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative 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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