On 7/22/24, The Scripps (E.W.) Co (NASDAQ: SSP) stock enjoyed a major increase of 11.8%, closing at $3.61. However, this advance was accompanied by unusually low trading volume at 61% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 18.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SSP is expected to continue to be a modest Value Builder.
Scripps (E.W.) has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Scripps (E.W.) has a very high Appreciation Score of 90 but a very low Power Rating of 0, triggering the Low Neutral Value Trend Rating.
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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