Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Superior Group of Cos Inc (NASDAQ: SGC) improved of late. SGC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Superior Group of Cos Inc (NASDAQ: SGC) stock enjoyed a very large increase of 6.6% on 8/9/24. The shares closed at $12.65. Moreover, trading volume in this advance was unusually high at 166% of normal. The stock has declined -34.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Superior Group of has a neutral Appreciation Score of 43 but a very high Power Rating of 86, leading to the Positive Value Trend Rating.
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