Superior Group of Cos Inc (NASDAQ: SGC) stock closed at $16.10 on 3/14/24 after a major increase of 13.5%. Moreover, exceptionally high trading volume at 511% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SGC is expected to continue to be a modest Value Builder.
Superior Group of has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Superior Group of has a slightly negative Appreciation Score of 38 but a very high Power Rating of 98, triggering 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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