Stock Rating Downgrade
In the last week the Value Trend Rating for POSCO Holdings Inc (NYSE: PKX) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
POSCO Holdings Inc (NYSE: PKX) stock closed at $74.96 on 4/8/24 after an increase of 1.9%. Trading volume in this advance was normal. The stock has declined -4.4% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, PKX is expected to continue to be an important Value Builder.
POSCO Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. POSCO Holdings has a very high Appreciation Score of 97 but a poor Power Rating of 24, triggering the High Neutral Value Trend Rating.
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