Taylor Devices Inc (NASDAQ: TAYD). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.
Recent small positive changes in fundamentals have benefitted Taylor Devices Inc (NASDAQ: TAYD): significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TAYD is expected to be a modest Value Builder.
Taylor Devices has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Taylor Devices has a neutral Appreciation Score of 42 but a good Power Rating of 77, with the High Neutral Value Trend Rating the result.
Recent Price Action
Taylor Devices Inc (NASDAQ: TAYD) stock closed at $28.07 on 1/11/24 after a modest gain of 0.9%. Moreover, trading volume in this advance was exceptionally high at 339% of normal. The stock has risen 21.8% during the last week and has been strong relative to the market over the last nine months.
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