Recent extremely meaningful negative changes in investment behavior have impacted BK Technologies Corp (NYSEAMERICAN: BKTI): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
BK Technologies Corp (NYSEAMERICAN: BKTI) has recently experienced meaningful negative changes in fundamentals: the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, BKTI is expected to continue to be Value Creation neutral.
BK Technologies has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. BK Technologies has a neutral Power Rating of 46 but a very low Appreciation Score of 8, triggering the Lowest Value Trend Rating.
Recent Price Action
BK Technologies Corp (NYSEAMERICAN: BKTI) stock closed at $12.80 on 6/25/24 after a modest decline of -1.2%. However, trading volume in this decline was exceptionally low at 25% of normal. The stock has declined -5.6% during the last week and has performed in line with the market over the last nine months.
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