Servotronics Inc. (NYSEAMERICAN: SVT) stock enjoyed a major increase of 12.0% on 8/23/24. The shares closed at $13.24. Moreover, exceptionally high trading volume at 2554% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 13.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, SVT is expected to continue to be a modest Value Eraser.
Servotronics has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Servotronics has a neutral Power Rating of 41 but a very low Appreciation Score of 10, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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