On 3/11/24, The L.S. Starrett Co (NYSE: SCX) stock enjoyed a major increase of 58.9%, closing at $15.76. Moreover, exceptionally high trading volume at 2683% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 57.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SCX is expected to continue to be an important Value Builder.
L.S. Starrett has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. L.S. Starrett has a good Power Rating of 75 and a good Appreciation Score of 85, resulting in the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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