Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for SWK Holdings Corp (NASDAQ: SWKH) weakened of late. SWKH’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
SWK Holdings Corp (NASDAQ: SWKH) stock closed at $16.93 on 6/14/24 after a decline of -3.1%. However, trading volume in this decline was exceptionally low at 48% of normal. The stock has performed in line with the market over the last nine months and is unchanged 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 C (High Neutral). 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 44, and the High Neutral Value Trend Rating results.
Be the first to comment