Unitil Corp (NYSE: UTL) has recently experienced extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Slight negative changes in fundamentals have recently occurred for Unitil Corp (NYSE: UTL): significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
UTL is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Unitil 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. Unitil has a neutral Appreciation Score of 42 but a good Power Rating of 85, producing the Positive Value Trend Rating.
Recent Price Action
On 10/31/24, Unitil Corp (NYSE: UTL) stock declined slightly by -0.2%, closing at $57.89. Moreover, trading volume in this decline was exceptionally high at 261% of normal. The stock has been strong relative to the market over the last nine months but has declined -2.0% during the last week.
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