Alert: Rating Upgrade (12/13/24)-Virco Mfg. Corp (NASDAQ: VIRC).

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Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Virco Mfg. Corp (NASDAQ: VIRC) improved during the last several trading days. VIRC’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.

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Recent Price Action

Virco Mfg. Corp (NASDAQ: VIRC) stock closed at $11.75 on 12/13/24 after an increase of 1.1%. Moreover, trading volume in this advance was above average at 125% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -27.1% during the last week.

Current PriceTarget Research Rating

Virco Mfg has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virco Mfg has a neutral Appreciation Score of 59 but a good Power Rating of 75, producing the Positive Value Trend Rating.

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