Recent exceptional negative changes in investment behavior have affected Rocky Mountain Chocolate Factory (NASDAQ: RMCF): negative upside/downside volume developed, and the stock fell on very heavy volume.
Rocky Mountain Chocolate Factory (NASDAQ: RMCF). Significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, RMCF is expected to continue to be a modest Value Eraser.
Rocky Mountain Chocolate Factory has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Rocky Mountain Chocolate Factory has a neutral Power Rating of 48 but a very low Appreciation Score of 8, leading to the Lowest Value Trend Rating.
Recent Price Action
On 11/6/23, Rocky Mountain Chocolate Factory (NASDAQ: RMCF) stock suffered a large decline of -3.7%, closing at $3.95. The stock has performed in line with the market over the last nine months and has declined -1.2% during the last week.
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