On 12/15/23, Northern Technologies Internatio (NASDAQ: NTIC) stock enjoyed a major increase of 10.4%, closing at $11.79. Moreover, exceptionally high trading volume at 239% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 9.6% during the last week.
Current PriceTarget Research Rating
NTIC is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Northern Technologies Internatio has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Northern Technologies Internatio has a slightly negative Appreciation Score of 38 but a slightly positive Power Rating of 63, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive 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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