Douglas Dynamics Inc (NYSE: PLOW) stock closed at $30.71 on 7/30/24 after a major increase of 16.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 384% of normal. The stock has risen 24.1% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, PLOW is expected to continue to be a major Value Builder.
Douglas Dynamics has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Douglas Dynamics has a poor Appreciation Score of 21 and a poor Power Rating of 16, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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