Recent exceptional negative changes in investment behavior have affected Franklin Electric Co Inc (NASDAQ: FELE): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Franklin Electric Co Inc (NASDAQ: FELE) suffers from marginal negative changes in fundamentals: the stock’s power rating fell below 50.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Franklin Electric 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. Franklin Electric has a neutral Power Rating of 49 but a poor Appreciation Score of 29, with the Negative Value Trend Rating the result.
Recent Price Action
Franklin Electric Co Inc (NASDAQ: FELE) stock closed at $98.72 on 12/19/24 after a slight decline of -0.6%. Trading volume in this decline was normal. The stock has declined -8.0% during the last week and has performed in line with the market over the last nine months.
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