Alert: Major Price Advance (3/15/24)-American Vanguard Corp (NYSE: AVD).

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American Vanguard Corp (NYSE: AVD) stock enjoyed a major increase of 21.8% on 3/15/24. The shares closed at $12.90. Moreover, this advance was accompanied by exceptionally high trading volume at 478% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 16.0% during the last week.

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Current PriceTarget Research Rating

AVD is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

American Vanguard has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. American Vanguard has a neutral Appreciation Score of 43 but a very low Power Rating of 10, producing the Lowest Value Trend Rating.

Rating Review

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

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