Alert: Major Price Decline (4/4/24)-BK Technologies Corp (NYSEAMERICAN: BKTI).


BK Technologies Corp (NYSEAMERICAN: BKTI) stock closed at $14.10 on 4/4/24 after a major decline of -10.9%. Moreover, trading volume in this decline was exceptionally high at 652% of normal. The stock has performed in line with the market over the last nine months and has declined -3.1% during the last week.


Current PriceTarget Research Rating

BKTI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

BK Technologies has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. BK Technologies has a slightly negative Power Rating of 40 and a very low Appreciation Score of 6, leading to the Lowest Value Trend Rating.

Rating Review

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

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