Alert: Major Price Decline (12/8/23)-Comtech Telecommunications Corp. (NASDAQ: CMTL).


Comtech Telecommunications Corp. (NASDAQ: CMTL) stock closed at $8.79 on 12/8/23 after a major decline of -29.7%. Moreover, trading volume in this decline was exceptionally high at 935% of normal. The stock has declined -25.6% during the last week and has performed in line with the market over the last nine months.


Current PriceTarget Research Rating

CMTL’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a Value Builder.

Comtech Telecommunications has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Comtech Telecommunications has a neutral Power Rating of 55 but a good Appreciation Score of 77, resulting in the Positive Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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