Precision Optics Corp Inc (NASDAQ: POCI) stock suffered a major decline of -11.9% on 6/4/24. The shares closed at $5.99. Moreover, this decline was accompanied by exceptionally high trading volume at 209% of normal. Relative to the market the stock has been weak over the last nine months and has declined -8.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be below the cost of capital, POCI is expected to continue to be a Value Eraser.
Precision Optics Corp has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Precision Optics Corp has a slightly negative Power Rating of 30 and a very low Appreciation Score of 11, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative 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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