Alert: Major Price Advance (5/16/19)-1347 Capital Corporation (NASDAQ: LMB).

out_logo_500#72333.jpg

1347 Capital Corporation (NASDAQ: LMB) stock closed at $9.80 on 5/16/19 after a major increase of 19.1%. Moreover, trading volume in this advance was exceptionally high at 395% of normal. Relative to the market the stock has been weak over the last nine months but has risen 12.6% during the last week.

out_mm#72333.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, LMB is expected to continue to be a major Value Builder.

Limbach Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Limbach Holdings has a very high Appreciation Score of 94 but a neutral Power Rating of 48, triggering the Highest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 35825 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.