Alert: Major Price Advance (11/5/24)-UFP Technologies Inc (NASDAQ: UFPT).

out_logo_500#24956.jpg

On 11/5/24, UFP Technologies Inc (NASDAQ: UFPT) stock enjoyed a major increase of 18.6%, closing at $329.24. Moreover, trading volume in this advance was exceptionally high at 357% of normal. The stock has risen 18.0% during the last week and has been exceptionally strong relative to the market over the last nine months.

out_mm#24956.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, UFPT is expected to continue to be a Value Builder.

UFP Technologies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. UFP Technologies has a poor Appreciation Score of 19 but a good Power Rating of 85, triggering the Neutral Value Trend Rating.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*