Alert: Major Price Advance (4/1/24)-Graham Corp (NYSE: GHM).


On 4/1/24, Graham Corp (NYSE: GHM) stock enjoyed a major increase of 12.1%, closing at $30.57. Moreover, exceptionally high trading volume at 651% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 20.7% during the last week.


Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, GHM is expected to continue to be Value Creation neutral.

Graham has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Graham has a very low Appreciation Score of 6 but a very high Power Rating of 98, with the Neutral Value Trend Rating the result.

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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