On 2/29/24, Orion Group Holdings Inc (NYSE: ORN) stock suffered a major decline of -13.4%, closing at $5.99. Moreover, exceptionally high trading volume at 315% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -6.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, ORN is expected to continue to be Value Creation neutral.
Orion Group Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Orion Group Holdings has a poor Appreciation Score of 21 but a very high Power Rating of 97, and the High Neutral Value Trend Rating results.
Rating Review
In light of this highly negative 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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