Alert: Major Price Decline (12/8/23)-Delta Apparel Inc (NYSEAMERICAN: DLA).


Delta Apparel Inc (NYSEAMERICAN: DLA) stock closed at $7.50 on 12/8/23 after a major decline of -15.4%. Moreover, trading volume in this decline was exceptionally high at 513% of normal. The stock has declined -14.0% 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 be in line with the cost of capital, DLA is expected to be Value Creation neutral.

Delta Apparel has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Delta Apparel has a very high Appreciation Score of 88 but a poor Power Rating of 20, leading to the Neutral Value Trend Rating.

Rating Review

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

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