Alert: Positive Investment/Fundamental Signals (4/26/24)-Northern Technologies Internatio (NASDAQ: NTIC)

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Recent significant positive changes in fundamentals have benefitted Northern Technologies Internatio (NASDAQ: NTIC): the consensus estimate for August, 2025 increased significantly, the consensus estimate for August, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Important positive changes in Northern Technologies Internatio (NASDAQ: NTIC) investment behavior have recently occurred: positive upside/downside volume developed.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

NTIC is expected to be a 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 (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Northern Technologies Internatio has a poor Appreciation Score of 27 but a slightly positive Power Rating of 61, with the Low Neutral Value Trend Rating the result.

Recent Price Action

Northern Technologies Internatio (NASDAQ: NTIC) stock closed at $17.31 on 4/26/24 after a slight decline of -0.5%. Moreover, trading volume in this decline was above average at 124% of normal. The stock has risen 12.2% during the last week and has been strong relative to the market over the last nine months.

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