On 4/30/24, Clearwater Paper Corp (NYSE: CLW) stock enjoyed a major increase of 10.7%, closing at $45.04. Moreover, this advance was accompanied by unusually high trading volume at 179% of normal. Relative to the market the stock has been strong over the last nine months and has risen 12.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CLW is expected to continue to be a Value Builder.
Clearwater Paper has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Clearwater Paper has a neutral Power Rating of 56 and a slightly positive Appreciation Score of 67, 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.
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