Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Spok Holdings Inc (NASDAQ: SPOK) improved during the last several trading days. SPOK's current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/1/23, Spok Holdings Inc (NASDAQ: SPOK) stock declined slightly by -0.6%, closing at $16.66. Moreover, trading volume in this decline was unusually high at 194% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.6% during the last week.
Current PriceTarget Research Rating
SPOK's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Spok Holdings has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Spok Holdings has a poor Appreciation Score of 29 but a very high Power Rating of 98, and the Positive Value Trend Rating results.