Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Universal Corp before investing.

In this article, we go over a few key elements for understanding Universal Corp’s stock price such as:

• Universal Corp’s current stock price and volume
• Why Universal Corp’s stock price changed recently
• Upgrades and downgrades for UVV from analysts
• UVV’s stock price momentum as measured by its relative strength

About Universal Corp (UVV)

Before we jump into Universal Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Universal Corporation is a global leaf tobacco supplier. The Company is a business-to-business Agri-products supplier to consumer product manufacturers, operating in over 30 countries. Through its plant-based ingredients platform, it provides a variety of value-added manufacturing processes to produce specialty vegetable- and fruit-based ingredients as well as botanical extracts and flavorings for human and pet food end markets. It operates through two segments: Tobacco Operations and Ingredients Operations. The Tobacco Operations segment activities involve contracting, procuring, processing, packing, storing, and shipping leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products. It also provides physical and chemical product testing and smoke testing for tobacco customers. The Ingredients Operations segment provides its customers with a broad variety of plant-based ingredients for both human and pet consumption.

Want to learn more about Universal Corp’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Universal Corp.

Universal Corp’s Stock Price as of Market Close

As of November 03, 2023, 4:00 PM, CST, Universal Corp’s stock price was $50.61.

Universal Corp is up 11.38% from its previous closing price of $45.44.

During the last market session, Universal Corp’s stock traded between $44.80 and $45.45. Currently, there are 24.84 million shares of Universal Corp stock available for purchase.

Universal Corp’s price-earnings (P/E) ratio is currently at 9.8, which is low compared to the Tobacco industry median of 11.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Universal Corp Stock Price History

Universal Corp’s (UVV) price is currently up 12.47% so far this month.

During the month of November, Universal Corp’s stock price has reached a high of $50.72 and a low of $44.43.

Over the last year, Universal Corp has hit prices as high as $57.83 and as low as $44.40. Year to date, Universal Corp’s stock is down 7.85%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Universal Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 02, 2023, there were analysts who downgraded Universal Corp’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Universal Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Universal Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Universal Corp’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Universal Corp (UVV) by visiting AAII Stock Evaluator.

Relative Price Strength of Universal Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 02, 2023, Universal Corp has a weighted four-quarter relative price strength of -4.84%, which translates to a Momentum Score of 52 and is considered to be Average.

Want to learn more about how Universal Corp is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Universal Corp Stock Price: Bottom Line

As of November 3, 2023, Universal Corp’s stock price is $50.61, which is up 11.38% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Universal Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.