Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Diodes Inc (NASDAQ: DIOD) weakened in recent days. DIOD’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 11/22/24, Diodes Inc (NASDAQ: DIOD) stock enjoyed a large increase of 3.6%, closing at $61.31. Moreover, this advance was accompanied by above average trading volume at 131% of normal. Relative to the market the stock has been weak over the last nine months but has risen 11.4% during the last week.
Current PriceTarget Research Rating
Diodes has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Diodes has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 33, resulting in the Negative Value Trend Rating.
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