Mesabi Trust (NYSE: MSB) has benefited from extremely meaningful positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.
Mesabi Trust (NYSE: MSB). Meaningful positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Mesabi Trust has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Mesabi Trust has a slightly positive Appreciation Score of 60 and a very high Power Rating of 97, triggering the Highest Value Trend Rating.
Recent Price Action
Mesabi Trust (NYSE: MSB) stock closed at $34.76 on 1/28/25 after a large increase of 4.7%. Moreover, trading volume in this advance was exceptionally high at 517% of normal. The stock has risen 20.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
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