Stock Rating Upgrade
In recent days the Value Trend Rating for Bridgford Foods Corp (NASDAQ: BRID) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Bridgford Foods Corp (NASDAQ: BRID) stock closed at $10.76 on 12/22/23 after a slight decline of -0.3%. Moreover, this decline was accompanied by above average trading volume at 140% of normal. The stock has risen 3.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
BRID is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Bridgford Foods has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Bridgford Foods has a very high Appreciation Score of 96 but a slightly negative Power Rating of 32, triggering the Positive Value Trend Rating.
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