Alert: Major Price Advance (12/7/23)-Kewaunee Scientific Corp (NASDAQ: KEQU).


Kewaunee Scientific Corp (NASDAQ: KEQU) stock closed at $22.79 on 12/7/23 after a major increase of 29.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 1813% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 34.1% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, KEQU is expected to continue to be a modest Value Eraser.

Kewaunee Scientific has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Kewaunee Scientific has a poor Appreciation Score of 16 but a good Power Rating of 79, resulting in the Low Neutral Value Trend Rating.

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.

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