Hurco Cos Inc (NASDAQ: HURC) stock closed at $21.07 on 9/30/24 after a major increase of 15.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 281% of normal. Relative to the market the stock has been weak over the last nine months but has risen 12.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, HURC is expected to continue to be Value Creation neutral.
Hurco has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Hurco has a neutral Appreciation Score of 57 and a slightly negative Power Rating of 37, with the Low Neutral Value Trend Rating the result.
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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