RGC Resources Inc (NASDAQ: RGCO) stock enjoyed a major increase of 13.0% on 11/6/24. The shares closed at $23.49. Moreover, exceptionally high trading volume at 366% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 15.9% during the last week.
Current PriceTarget Research Rating
RGCO is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
RGC Resources has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. RGC Resources has a poor Appreciation Score of 23 but a slightly positive Power Rating of 66, producing the Low 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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