Smith & Wesson Brands Inc (NASDAQ: SWBI) stock closed at $10.86 on 12/6/24 after a major decline of -20.3%. Moreover, exceptionally high trading volume at 987% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -20.7% during the last week.
Current PriceTarget Research Rating
Smith & Wesson Brands has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Smith & Wesson Brands has a neutral Appreciation Score of 55 but a very low Power Rating of 13, triggering the Negative Value Trend Rating.
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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