CECO Environmental Corp. (NASDAQ: CECO) stock enjoyed a major increase of 10.9% on 11/7/23. The shares closed at $18.37. The stock has risen 16.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CECO is expected to continue to be a Value Builder.
CECO Environmental has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. CECO Environmental has a poor Appreciation Score of 29 but a good Power Rating of 81, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.