Superior Group of Cos Inc (NASDAQ: SGC) stock suffered a major decline of -30.7% on 8/7/24. The shares closed at $12.15. Moreover, trading volume in this decline was exceptionally high at 219% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -38.1% during the last week.
Current PriceTarget Research Rating
SGC is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Superior Group of has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Superior Group of has a poor Appreciation Score of 26 but a very high Power Rating of 88, leading to the Neutral Value Trend Rating.
Rating Review
In light of this highly negative 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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