BK Technologies Corp (NYSEAMERICAN: BKTI). Extremely significant negative changes in investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.
Recent marginal negative changes in fundamentals have affected BK Technologies Corp (NYSEAMERICAN: BKTI): 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BK Technologies has a very low Appreciation Score of 9 but a neutral Power Rating of 51, with the Lowest Value Trend Rating the result.
Recent Price Action
BK Technologies Corp (NYSEAMERICAN: BKTI) stock closed at $12.81 on 7/25/24 after a modest decline of -1.2%. However, exceptionally low trading volume at 27% of normal accompanied the decline. The stock has declined -7.4% during the last week and has performed in line with the market over the last nine months.
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