On 11/7/24, Shenandoah Telecommunications Co (NASDAQ: SHEN) stock suffered a major decline of -17.3%, closing at $12.89. Moreover, this decline was accompanied by exceptionally high trading volume at 288% of normal. The stock has declined -8.6% during the last week and has been weak 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, SHEN is expected to continue to be Value Creation neutral.
Shenandoah Telecommunications has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Shenandoah Telecommunications has a slightly negative Appreciation Score of 35 and a poor Power Rating of 29, and the Negative Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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