Virco Mfg. Corp (NASDAQ: VIRC) stock enjoyed a major increase of 13.5% on 11/6/24. The shares closed at $16.45. Moreover, this advance was accompanied by above average trading volume at 146% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 18.3% during the last week.
Current PriceTarget Research Rating
VIRC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Virco Mfg has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virco Mfg has a neutral Appreciation Score of 46 but a very high Power Rating of 87, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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