On 11/6/24, Core Molding Technologies Inc. (NYSEAMERICAN: CMT) stock enjoyed a major increase of 10.1%, closing at $16.91. Moreover, this advance was accompanied by exceptionally high trading volume at 223% of normal. The stock has been weak relative to the market over the last nine months but has risen 9.1% during the last week.
Current PriceTarget Research Rating
CMT is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Core Molding Technologies has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Core Molding Technologies has a good Appreciation Score of 80 but a slightly negative Power Rating of 34, with the 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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