Taylor Devices Inc (NASDAQ: TAYD) stock enjoyed a major increase of 11.0% on 3/6/24. The shares closed at $38.01. Moreover, exceptionally high trading volume at 220% of normal accompanied the advance. The stock has risen 13.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed 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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Taylor Devices has a poor Appreciation Score of 30 but a very high Power Rating of 91, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive 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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