On 5/8/24, Superior Group of Cos Inc (NASDAQ: SGC) stock enjoyed a major increase of 19.8%, closing at $19.94. Moreover, trading volume in this advance was exceptionally high at 297% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 22.6% during the last week.
Current PriceTarget Research Rating
SGC is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Superior Group of has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Superior Group of has a poor Appreciation Score of 29 but a very high Power Rating of 91, producing the High 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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