Alert: Major Price Advance (4/1/24)-Universal Stainless & Alloy Prod (NASDAQ: USAP).


Universal Stainless & Alloy Prod (NASDAQ: USAP) stock closed at $26.54 on 4/1/24 after a major increase of 18.4%. Moreover, trading volume in this advance was exceptionally high at 364% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 22.8% during the last week.


Current PriceTarget Research Rating

USAP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

Universal Stainless & Alloy Prod has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Universal Stainless & Alloy Prod has a neutral Appreciation Score of 50 but a very high Power Rating of 100, with the Highest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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