Recent exceptional negative changes in investment behavior have affected CVR Partners LP (NYSE: UAN): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.
CVR Partners LP (NYSE: UAN) suffers from small negative changes in fundamentals: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
UAN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
CVR Partners has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CVR Partners has a slightly positive Appreciation Score of 68 but a slightly negative Power Rating of 32, resulting in the Neutral Value Trend Rating.
Recent Price Action
CVR Partners LP (NYSE: UAN) stock closed at $74.26 on 6/17/24 after a decline of -3.6%. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -7.5% during the last week.
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