Virco Mfg. Corp (NASDAQ: VIRC) stock closed at $13.19 on 6/7/24 after a major increase of 21.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 384% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.9% during the last week.
Current PriceTarget Research Rating
VIRC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Virco Mfg has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Virco Mfg has a neutral Appreciation Score of 46 but a very high Power Rating of 92, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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