On 11/6/24, World Acceptance Corp (NASDAQ: WRLD) stock enjoyed a major increase of 10.4%, closing at $126.46. Moreover, this advance was accompanied by above average trading volume at 142% of normal. The stock has risen 7.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, WRLD is expected to continue to be an important Value Builder.
World Acceptance has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. World Acceptance has a slightly positive Appreciation Score of 64 but a poor Power Rating of 29, triggering the Low 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.
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