Recent extremely meaningful positive changes in investment behavior have benefitted Silvercrest Asset Management Gro (NASDAQ: SAMG): its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.
Recent small positive changes in fundamentals have benefitted Silvercrest Asset Management Gro (NASDAQ: SAMG): significant quarterly earnings acceleration occurred.
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
SAMG is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Silvercrest Asset Management Gro has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Silvercrest Asset Management Gro has a slightly negative Appreciation Score of 31 and a poor Power Rating of 29, leading to the Lowest Value Trend Rating.
Recent Price Action
Silvercrest Asset Management Gro (NASDAQ: SAMG) stock enjoyed a large increase of 4.0% on 7/16/24. The stock closed at $17.50. This advance was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months but has risen 13.7% during the last week.
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