Universal Stainless & Alloy Prod (NASDAQ: USAP) has benefited from exceptional positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Recent meaningful positive changes in fundamentals have benefitted Universal Stainless & Alloy Prod (NASDAQ: USAP): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
USAP is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Universal Stainless & Alloy Prod has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Universal Stainless & Alloy Prod has a neutral Appreciation Score of 45 but a very high Power Rating of 98, and the Highest Value Trend Rating results.
Recent Price Action
Universal Stainless & Alloy Prod (NASDAQ: USAP) stock rose modestly by 0.6% on 9/11/24. The stock closed at $36.54. However, exceptionally low trading volume at 39% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.1% during the last week.
Be the first to comment