Alert: Major Price Decline (11/13/23)-Virco Mfg. Corp (NASDAQ: VIRC).

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Virco Mfg. Corp (NASDAQ: VIRC) stock closed at $6.14 on 11/13/23 after a major decline of -13.4%. The stock has risen 1.3% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

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

Virco Mfg has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Virco Mfg has a neutral Appreciation Score of 51 but a very high Power Rating of 98, resulting in the Highest Value Trend Rating.

Rating Review

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

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