Park Ohio Holdings Corp. (NASDAQ: PKOH) stock enjoyed a major increase of 15.1% on 11/6/24. The shares closed at $33.39. Moreover, exceptionally high trading volume at 295% of normal accompanied the advance. The stock has risen 12.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
PKOH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Park Ohio 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. Park Ohio Holdings has a neutral Appreciation Score of 52 but a good Power Rating of 75, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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