Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Ultra Clean Holdings Inc (NASDAQ: UCTT) weakened recently. UCTT’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
On 12/27/24, Ultra Clean Holdings Inc (NASDAQ: UCTT) stock declined modestly by -1.5%, closing at $36.53. However, this decline was accompanied by exceptionally low trading volume at 34% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
Ultra Clean Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Ultra Clean Holdings has a slightly positive Appreciation Score of 64 but a poor Power Rating of 24, resulting in the Negative Value Trend Rating.
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