Powell Industries Inc (NASDAQ: POWL) stock suffered a major decline of -16.2% on 11/20/24. The shares closed at $261.82. Moreover, exceptionally high trading volume at 307% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -23.9% during the last week.
Current PriceTarget Research Rating
Powell Industries has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Powell Industries has a slightly negative Appreciation Score of 33 but a very high Power Rating of 99, and the Positive Value Trend Rating results.
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.
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