The Cato Corp (NYSE: CATO) stock closed at $3.41 on 12/6/24 after a major increase of 11.8%. Moreover, unusually high trading volume at 167% of normal accompanied the advance. The stock has risen 6.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Cato has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cato has a very high Appreciation Score of 88 but a slightly negative Power Rating of 37, with the High Neutral Value Trend Rating the result.
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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