On 6/27/24, Kewaunee Scientific Corp (NASDAQ: KEQU) stock enjoyed a major increase of 10.2%, closing at $42.69. Moreover, trading volume in this advance was exceptionally high at 386% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 17.6% during the last week.
Current PriceTarget Research Rating
KEQU’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Kewaunee Scientific 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. Kewaunee Scientific has a very low Appreciation Score of 7 but a very high Power Rating of 90, triggering the 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.
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