Extremely important negative changes in investment behavior have recently occurred for SWK Holdings Corp (NASDAQ: SWKH): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
SWK Holdings Corp (NASDAQ: SWKH) suffers from moderate negative changes in fundamentals. Negative developments: the stock’s power rating fell below 50, and the consensus estimate for December, 2024 decreased significantly. Positive development: the consensus estimate for December, 2025 increased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SWK Holdings has a good Appreciation Score of 80 but a neutral Power Rating of 42, with the High Neutral Value Trend Rating the result.
Recent Price Action
SWK Holdings Corp (NASDAQ: SWKH) stock suffered a large decline of -6.8% on 6/21/24. The stock closed at $16.11. Moreover, trading volume in this decline was exceptionally high at 1856% of normal. The stock has performed in line with the market over the last nine months and has declined -6.1% during the last week.
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