Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Archrock Inc (NYSE: AROC) improved of late. AROC’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/20/24, Archrock Inc (NYSE: AROC) stock enjoyed a large increase of 2.2%, closing at $24.55. Moreover, trading volume in this advance was exceptionally high at 296% of normal. Relative to the market the stock has been strong over the last nine months but has declined -5.0% during the last week.
Current PriceTarget Research Rating
Archrock 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 very contradictory signals. Archrock has a poor Appreciation Score of 16 but a good Power Rating of 74, producing the Low Neutral Value Trend Rating.
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