inTest Corp (NYSEAMERICAN: INTT) has reported E.P.S. of $0.02 for its second fiscal quarter (ending June 30) versus $0.25 for the same period a year ago. E.P.S. were $0.38 for the latest four quarters through June 30 versus $1.05 for the same period a year ago.
Recent Price Action
On 8/2/24, inTest Corp (NYSEAMERICAN: INTT) stock suffered a major decline of -22.7%, closing at $7.76. Moreover, exceptionally high trading volume at 321% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -26.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, INTT is expected to continue to be a modest Value Builder.
inTest has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. inTest has a good Appreciation Score of 77 but a slightly negative Power Rating of 33, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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