Recent extremely meaningful positive changes in investment behavior have benefitted Hannon Armstrong Sustainable Inf (NYSE: HASI): its shorter term price trend turned up, its longer term price trend turned up, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HASI is expected to continue to be a Value Builder.
Hannon Armstrong Sustainable Inf 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. Hannon Armstrong Sustainable Inf has a good Appreciation Score of 79 and a good Power Rating of 82, triggering the Highest Value Trend Rating.
Recent Price Action
On 5/9/24, Hannon Armstrong Sustainable Inf (NYSE: HASI) stock enjoyed a very large increase of 7.0%, closing at $32.57. Moreover, exceptionally high trading volume at 344% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 33.3% during the last week.
Be the first to comment