Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Sociedad Quimica y Minera de Chi (NYSE: SQM) improved of late. SQM’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 4/26/24, Sociedad Quimica y Minera de Chi (NYSE: SQM) stock increased 1.4%, closing at $44.14. However, unusually low trading volume at 66% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months and has declined -3.6% during the last week.
Current PriceTarget Research Rating
SQM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Sociedad Quimica y Minera de Chi has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sociedad Quimica y Minera de Chi has a good Appreciation Score of 84 but a very low Power Rating of 5, leading to the Low Neutral Value Trend Rating.
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