On 11/7/23, Via Renewables Inc (NASDAQ: VIA) stock enjoyed a major increase of 13.6%, closing at $7.44. Relative to the market the stock has been extremely weak over the last nine months but has risen 30.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, VIA is expected to continue to be Value Creation neutral.
Via Renewables has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Via Renewables has a very high Appreciation Score of 91 but a very low Power Rating of 14, and the Neutral Value Trend Rating results.
Rating Review
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.
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