Orion Group Holdings Inc (NYSE: ORN) stock suffered a major decline of -28.4% on 7/25/24. The shares closed at $7.91. Moreover, exceptionally high trading volume at 351% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -28.5% 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 19 but a very high Power Rating of 96, with the High 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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