Universal Corp (NYSE: UVV). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.
Recent slight positive changes in fundamentals have benefitted Universal Corp (NYSE: UVV): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, UVV is expected to continue to be a modest Value Builder.
Universal has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Universal has a slightly positive Power Rating of 68 and a good Appreciation Score of 78, and the Highest Value Trend Rating results.
Recent Price Action
Universal Corp (NYSE: UVV) stock rose slightly by 0.08% on 4/24/24. The stock closed at $51.91. Moreover, exceptionally high trading volume at 497% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 4.8% during the last week.
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