Stock Rating Downgrade
The Value Trend Rating for Rocky Brands Inc (NASDAQ: RCKY) weakened of late from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Rocky Brands Inc (NASDAQ: RCKY) stock closed at $24.17 on 1/17/25 after an increase of 1.6%. However, trading volume in this advance was normal at 83% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 6.9% during the last week.
Current PriceTarget Research Rating
Rocky Brands has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Rocky Brands has a slightly positive Appreciation Score of 64 but a poor Power Rating of 22, and the Negative Value Trend Rating results.
Be the first to comment