Clearwater Paper Corp (NYSE: CLW) stock suffered a major decline of -20.9% on 8/7/24. The shares closed at $38.16. Moreover, this decline was accompanied by exceptionally high trading volume at 369% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -31.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CLW is expected to continue to be a Value Builder.
Clearwater Paper has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Clearwater Paper has a neutral Appreciation Score of 55 but a good Power Rating of 85, producing the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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