Sell 8/19/2024Downgrade
Shimmick Corporation (SHIM) was downgraded to E+ from D- on 8/19/2024 due to a significant decline in the solvency index, efficiency index and valuation index. Debt to equity increased from 1.02 to 55.71, net income declined 54.17% from -$33.33M to -$51.39M, and the quick ratio declined from 0.79 to 0.72.

Sell 8/1/2024Upgraded
Shimmick Corporation (SHIM) was upgraded to D- from E on 8/1/2024 due to an increase in the valuation index.

Sell 5/2/2024Upgraded
Shimmick Corporation (SHIM) was upgraded to E from E- on 5/2/2024 due to a noticeable increase in the solvency index.

Sell 4/1/2024Downgrade
Shimmick Corporation (SHIM) was downgraded to E- from E on 4/1/2024 due to a significant decline in the valuation index, growth index and volatility index. EBIT declined 658.16% from $2.99M to -$16.69M, operating cash flow declined 468.32% from -$4.1M to -$23.32M, and earnings per share declined from $1.5774 to -$0.74.

Sell 2/9/2024None
Shimmick Corporation (SHIM) was downgraded to E from U on 02/09/2024.