Alert: Major Price Decline (9/16/24)-Escalade Inc (NASDAQ: ESCA).

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Escalade Inc (NASDAQ: ESCA) stock closed at $13.19 on 9/16/24 after a major decline of -10.4%. Moreover, this decline was accompanied by exceptionally high trading volume at 464% of normal. The stock has been weak relative to the market over the last nine months but has risen 0.6% during the last week.

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Current PriceTarget Research Rating

ESCA is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Escalade has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Escalade has a slightly negative Appreciation Score of 33 and a poor Power Rating of 20, triggering the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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