Rocky Brands Inc (NASDAQ: RCKY) stock closed at $20.34 on 10/31/24 after a major decline of -26.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 445% of normal. Relative to the market the stock has been strong over the last nine months but has declined -25.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RCKY is expected to be a Value Builder.
Rocky Brands has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Rocky Brands has a good Power Rating of 71 and a good Appreciation Score of 72, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment