Stock Rating Upgrade
The Value Trend Rating for TransAct Technologies Inc (NASDAQ: TACT) improved in the last week from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
TransAct Technologies Inc (NASDAQ: TACT) stock closed at $4.16 on 11/22/24 after a very large increase of 6.4%. Moreover, exceptionally high trading volume at 432% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 3.2% during the last week.
Current PriceTarget Research Rating
TransAct Technologies has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. TransAct Technologies has a slightly positive Appreciation Score of 62 but a poor Power Rating of 26, with the Low Neutral Value Trend Rating the result.
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