Stock Rating Upgrade
The Value Trend Rating for KVH Industries Inc (NASDAQ: KVHI) improved in recent days from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
KVH Industries Inc (NASDAQ: KVHI) stock closed at $4.46 on 8/16/24 after an increase of 1.4%. However, exceptionally low trading volume at 14% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
KVHI is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
KVH Industries has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. KVH Industries has a neutral Appreciation Score of 47 and a slightly negative Power Rating of 37, producing the Low Neutral Value Trend Rating.
Be the first to comment