Orion Group Holdings Inc (NYSE: ORN) stock closed at $6.67 on 3/1/24 after a major increase of 11.4%. Moreover, exceptionally high trading volume at 341% of normal accompanied the advance. The stock has risen 3.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ORN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be an important Value Builder.
Orion Group Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Orion Group Holdings has a poor Appreciation Score of 23 but a very high Power Rating of 98, resulting in the High 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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