Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Bridgford Foods Corp (NASDAQ: BRID) weakened during the last several trading days. BRID’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
Bridgford Foods Corp (NASDAQ: BRID) stock rose slightly by 0.1% on 12/13/24. The stock closed at $10.73. However, below average trading volume at 74% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 10.8% during the last week.
Current PriceTarget Research Rating
Bridgford Foods has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bridgford Foods has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 35, producing the Negative Value Trend Rating.
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