CVR Partners LP (NYSE: UAN) stock enjoyed a major increase of 13.0% on 1/6/21. The shares closed at $18.13. However, this advance was accompanied by exceptionally low trading volume at 33% of normal. The stock has been weak relative to the market over the last nine months but has risen 15.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, UAN is expected to continue to be a major Value Eraser.
CVR Partners has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CVR Partners has a good Appreciation Score of 80 but a slightly negative Power Rating of 38, with the Neutral Value Trend Rating the result.
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.