Strattec Security Corp (NASDAQ: STRT) stock enjoyed a major increase of 10.7% on 10/21/24. The shares closed at $38.29. Moreover, this advance was accompanied by unusually high trading volume at 191% of normal. The stock has declined -1.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, STRT is expected to continue to be Value Creation neutral.
Strattec Security has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Strattec Security has a neutral Appreciation Score of 57 but a very high Power Rating of 87, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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