Stock Rating Upgrade
In the last week the Value Trend Rating for Canterbury Park Holding Corp (NASDAQ: CPHC) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Canterbury Park Holding Corp (NASDAQ: CPHC) stock closed at $19.85 on 11/8/24 after an increase of 1.8%. However, trading volume in this advance was unusually low at 55% of normal. The stock has risen 3.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CPHC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Canterbury Park Holding has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Canterbury Park Holding has a slightly positive Appreciation Score of 61 but a poor Power Rating of 28, and the Low Neutral Value Trend Rating results.
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