Alert: Major Price Decline (5/16/22)-Viragen International Inc (TSE: WCM.A).


Viragen International Inc (TSE: WCM.A) stock closed at $3.52 on 5/16/22 after a major decline of -12.0%. However, unusually low trading volume at 53% of normal accompanied the decline. The stock has declined -6.1% during the last week but has been strong relative to the market over the last nine months.


Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, WCM.A is expected to continue to be a modest Value Eraser.

WCM.A has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. WCM.A has a neutral Appreciation Score of 44 but a good Power Rating of 79, with the High Neutral Value Trend Rating the result.

Rating Review

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

About John Lafferty 122561 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.

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