Taylor Devices Inc (NASDAQ: TAYD) stock closed at $60.80 on 4/5/24 after a major increase of 10.6%. Moreover, exceptionally high trading volume at 233% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 38.9% during the last week.
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 (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Taylor Devices has a poor Appreciation Score of 15 but a very high Power Rating of 97, with the Neutral Value Trend Rating the result.
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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