Exceptional positive changes in Graham Holdings Co (NYSE: GHC) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
Recent minimal positive changes in fundamentals have benefitted Graham Holdings Co (NYSE: GHC): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GHC is expected to continue to be a modest Value Builder.
Graham Holdings has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Graham Holdings has a neutral Power Rating of 51 but a good Appreciation Score of 81, leading to the Positive Value Trend Rating.
Recent Price Action
On 8/21/24, Graham Holdings Co (NYSE: GHC) stock increased 1.4%, closing at $756.31. However, exceptionally low trading volume at 34% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.9% during the last week.
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