Alert: Major Price Advance (3/4/20)-GCP Applied Technologies Inc (NYSE: GCP).

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On 3/4/20, GCP Applied Technologies Inc (NYSE: GCP) stock enjoyed a major increase of 11.3%, closing at $21.08. Moreover, trading volume in this advance was exceptionally high at 261% of normal. The stock has performed in line with the market over the last nine months and has risen 6.4% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, GCP is expected to continue to be a major Value Builder.

GCP Applied Tech has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. GCP Applied Tech has a neutral Power Rating of 47 and a slightly negative Appreciation Score of 36, resulting in the Negative Value Trend Rating.

Rating Review

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

About John Lafferty 101900 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.

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