Universal Stainless & Alloy Prod (NASDAQ: USAP) stock closed at $29.06 on 5/1/24 after a major increase of 11.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 412% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.7% during the last week.
Current PriceTarget Research Rating
USAP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Universal Stainless & Alloy Prod has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Universal Stainless & Alloy Prod has a neutral Appreciation Score of 60 but a very high Power Rating of 100, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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