VanEck Vectors Solar Energy ETF (NYSE: AG) stock closed at $7.51 on 4/3/24 after a major increase of 16.6%. Moreover, exceptionally high trading volume at 332% of normal accompanied the advance. The stock has risen 41.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AG is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
First Majestic Silver has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Majestic Silver has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 36, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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