Alert: Major Price Advance (11/6/24)-Graham Corp (NYSE: GHM).

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Graham Corp (NYSE: GHM) stock closed at $32.47 on 11/6/24 after a major increase of 12.0%. Moreover, exceptionally high trading volume at 293% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 12.8% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, GHM is expected to continue to be Value Creation neutral.

Graham has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Graham has a poor Appreciation Score of 23 but a good Power Rating of 78, producing the 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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