Alert: Major Price Advance (7/25/24)-The Shyft Group Inc (NASDAQ: SHYF).

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The Shyft Group Inc (NASDAQ: SHYF) stock enjoyed a major increase of 16.8% on 7/25/24. The shares closed at $13.59. Moreover, above average trading volume at 147% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 11.0% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, SHYF is expected to continue to be a modest Value Builder.

Shyft Group has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Shyft Group has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 34, triggering the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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