Calavo Growers Inc (NASDAQ: CVGW) stock enjoyed a major increase of 17.0% on 12/4/23. The shares closed at $26.84. Moreover, this advance was accompanied by exceptionally high trading volume at 361% of normal. The stock has risen 10.4% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
CVGW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Calavo Growers has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Calavo Growers has a poor Appreciation Score of 26 but a neutral Power Rating of 51, with the Negative Value Trend Rating the result.
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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