Orion Group Holdings Inc (NYSE: ORN) stock enjoyed a major increase of 11.3% on 5/10/24. The shares closed at $8.54. Moreover, trading volume in this advance was unusually high at 188% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 12.5% during the last week.
Current PriceTarget Research Rating
ORN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Orion Group Holdings has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Orion Group Holdings has a poor Appreciation Score of 22 but a very high Power Rating of 100, leading to the High Neutral Value Trend Rating.
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.
Be the first to comment