Tredegar Corp (NYSE: TG) stock enjoyed a major increase of 26.4% on 3/15/24. The shares closed at $5.07. Moreover, this advance was accompanied by exceptionally high trading volume at 556% of normal. The stock has been weak relative to the market over the last nine months but has risen 14.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TG is expected to continue to be a modest Value Builder.
Tredegar has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tredegar has a very high Appreciation Score of 87 but a very low Power Rating of 13, and the Neutral Value Trend Rating results.
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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