Extremely important positive changes in investment behavior have recently occurred for VanEck Vectors Solar Energy ETF (NYSE: AG): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Minimal positive changes in fundamentals have recently occurred for VanEck Vectors Solar Energy ETF (NYSE: AG): the consensus estimate for December, 2025 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AG is expected to continue to be Value Creation neutral.
First Majestic Silver has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. First Majestic Silver has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 36, triggering the Negative Value Trend Rating.
Recent Price Action
On 4/4/24, VanEck Vectors Solar Energy ETF (NYSE: AG) stock declined slightly by -0.1%, closing at $7.50. Moreover, trading volume in this decline was exceptionally high at 277% of normal. Relative to the market the stock has been weak over the last nine months but has risen 42.9% during the last week.
Be the first to comment