Stock Rating Downgrade
During the last several trading days the Value Trend Rating for Weyco Group Inc (NASDAQ: WEYS) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Weyco Group Inc (NASDAQ: WEYS) stock closed at $36.10 on 12/13/24 after an increase of 1.7%. Moreover, trading volume in this advance was above average at 136% of normal. The stock has been strong relative to the market over the last nine months and has risen 6.3% during the last week.
Current PriceTarget Research Rating
Weyco Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Weyco Group has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 69, leading to the High Neutral Value Trend Rating.
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