On 11/17/23, Natural Grocers by Vitamin Cotta (NYSE: NGVC) stock enjoyed a major increase of 22.4%, closing at $15.67. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 24.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NGVC is expected to continue to be a Value Builder.
Natural Grocers by Vitamin Cotta has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Natural Grocers by Vitamin Cotta has a slightly negative Appreciation Score of 31 but a very high Power Rating of 88, and the High 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.
Be the first to comment