Orion Group Holdings Inc (NYSE: ORN) stock closed at $4.10 on 12/15/23 after a major decline of -10.9%. Moreover, this decline was accompanied by exceptionally high trading volume at 217% of normal. The stock has declined -6.2% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ORN’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Orion Group Holdings has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Orion Group Holdings has a slightly negative Appreciation Score of 31 but a very high Power Rating of 97, triggering the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment