On 8/15/24, Commercial Vehicle Group Inc (NASDAQ: CVGI) stock enjoyed a major increase of 11.0%, closing at $3.54. Moreover, this advance was accompanied by unusually high trading volume at 175% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 1.4% during the last week.
Current PriceTarget Research Rating
CVGI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Commercial Vehicle Group 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. Commercial Vehicle Group has a good Appreciation Score of 81 but a very low Power Rating of 4, with the Low Neutral Value Trend Rating the result.
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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