Stock Rating Downgrade
The Value Trend Rating for inTest Corp (NYSEAMERICAN: INTT) fell significantly of late from C to F reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
inTest Corp (NYSEAMERICAN: INTT) stock closed at $12.11 on 11/10/23 after a decline of -1.9%. The stock has declined -9.6% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, INTT is expected to continue to be a modest Value Builder.
inTest has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. inTest has a slightly negative Appreciation Score of 32 and a slightly negative Power Rating of 31, leading to the Lowest Value Trend Rating.
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