Alert: Major Price Decline (8/9/24)-American Vanguard Corp (NYSE: AVD).

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American Vanguard Corp (NYSE: AVD) stock suffered a major decline of -37.5% on 8/9/24. The shares closed at $5.12. Moreover, trading volume in this decline was exceptionally high at 984% of normal. The stock has been weak relative to the market over the last nine months and has declined -44.3% during the last week.

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Current PriceTarget Research Rating

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

American Vanguard 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. American Vanguard has a good Appreciation Score of 82 but a very low Power Rating of 13, with the Low Neutral Value Trend Rating the result.

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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