On 1/10/24, WD-40 Co (NASDAQ: WDFC) stock enjoyed a major increase of 15.2%, closing at $272.59. Moreover, exceptionally high trading volume at 458% of normal accompanied the advance. The stock has risen 12.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
WDFC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
WD-40 has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. WD-40 has a very low Appreciation Score of 8 but a good Power Rating of 82, producing the Low Neutral Value Trend Rating.
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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