Calavo Growers Inc (NASDAQ: CVGW) stock enjoyed a major increase of 10.9% on 9/10/24. The shares closed at $26.62. Moreover, trading volume in this advance was exceptionally high at 570% of normal. The stock has been weak relative to the market over the last nine months but has risen 15.6% during the last week.
Current PriceTarget Research Rating
CVGW is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Calavo Growers has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Calavo Growers has a slightly negative Power Rating of 38 and a poor Appreciation Score of 25, and the Negative Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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