Stock Rating Upgrade
The Value Trend Rating for SWK Holdings Corp (NASDAQ: SWKH) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
SWK Holdings Corp (NASDAQ: SWKH) stock closed at $16.93 on 6/7/24 after a slight gain of 0.06%. However, this advance was accompanied by exceptionally low trading volume at 25% of normal. The stock has performed in line with the market over the last nine months and has declined -0.8% during the last week.
Current PriceTarget Research Rating
SWKH is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
SWK Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SWK Holdings has a good Appreciation Score of 78 but a neutral Power Rating of 46, and the Positive Value Trend Rating results.
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