Limbach Holdings Inc (NASDAQ: LMB) stock closed at $41.67 on 3/14/24 after a major decline of -16.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 583% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.4% during the last week.
Current PriceTarget Research Rating
LMB is expected to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Limbach Holdings has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Limbach Holdings has a very low Appreciation Score of 14 but a very high Power Rating of 95, with the Neutral Value Trend Rating the result.
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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