Universal Electronics Inc (NASDAQ: UEIC) stock closed at $9.47 on 9/26/24 after a major increase of 11.5%. Moreover, trading volume in this advance was exceptionally high at 204% of normal. Relative to the market the stock has been strong over the last nine months and has risen 9.9% during the last week.
Current PriceTarget Research Rating
UEIC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Universal Electronics has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Universal Electronics has a neutral Appreciation Score of 46 and a neutral Power Rating of 57, with the Neutral Value Trend Rating the result.
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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