Broadwind Inc (NASDAQ: BWEN) has recently enjoyed extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, and its longer term price trend turned up.
Important positive changes in fundamentals have recently occurred for Broadwind Inc (NASDAQ: BWEN): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BWEN is expected to continue to be a modest Value Builder.
Broadwind 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. Broadwind has a neutral Appreciation Score of 43 but a good Power Rating of 71, with the High Neutral Value Trend Rating the result.
Recent Price Action
On 7/12/24, Broadwind Inc (NASDAQ: BWEN) stock rose slightly by 0.3%, closing at $3.38. However, this advance was accompanied by exceptionally low trading volume at 45% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.4% during the last week.
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