On 8/1/24, FMC Corp. (NYSE: FMC) stock enjoyed a major increase of 10.2%, closing at $64.34. Moreover, trading volume in this advance was exceptionally high at 320% of normal. The stock has performed in line with the market over the last nine months and has risen 13.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FMC is expected to continue to be an important Value Builder.
FMC has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. FMC has a good Appreciation Score of 75 but a slightly negative Power Rating of 38, producing 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.
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