Alert: Major Price Advance (6/10/19)-Universal Electronics Inc (NASDAQ: UEIC).

out_logo_500#21885.jpg

Universal Electronics Inc (NASDAQ: UEIC) stock enjoyed a major increase of 13.8% on 6/10/19. The shares closed at $41.67. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 5.8% during the last week.

out_mm#21885.jpg

Current PriceTarget Research Rating

UEIC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

UEIC has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. UEIC has a slightly positive Appreciation Score of 70 and a good Power Rating of 77, resulting in the Highest Value Trend Rating.

Rating Review

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

About John Lafferty 52629 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.