Astronics Corp (NASDAQ: ATRO) stock enjoyed a major increase of 10.7% on 11/6/24. The shares closed at $20.57. Moreover, this advance was accompanied by exceptionally high trading volume at 259% of normal. The stock has been strong relative to the market over the last nine months and has risen 11.7% during the last week.
Current PriceTarget Research Rating
ATRO is expected to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Astronics has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Astronics has a poor Appreciation Score of 26 but a slightly positive Power Rating of 64, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this very positive 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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