Recent exceptional positive changes in investment behavior have benefitted National Beverage Corp (NASDAQ: FIZZ): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
FIZZ is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
National Beverage has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. National Beverage has a neutral Power Rating of 44 but a poor Appreciation Score of 19, resulting in the Lowest Value Trend Rating.
Recent Price Action
On 6/21/24, National Beverage Corp (NASDAQ: FIZZ) stock increased 1.2%, closing at $48.69. Moreover, this advance was accompanied by exceptionally high trading volume at 383% of normal. The stock has risen 2.8% during the last week but has been weak relative to the market over the last nine months.
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