Alert: Major Price Advance (5/21/24)-Powell Industries Inc (NASDAQ: POWL).

out_logo_500#14545.jpg

Powell Industries Inc (NASDAQ: POWL) stock closed at $187.95 on 5/21/24 after a major increase of 13.8%. Moreover, trading volume in this advance was exceptionally high at 231% of normal. The stock has risen 17.2% during the last week and has been exceptionally strong relative to the market over the last nine months.

out_mm#14545.jpg

Current PriceTarget Research Rating

POWL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Powell Industries has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Powell Industries has a slightly negative Appreciation Score of 30 but a very high Power Rating of 100, resulting in the Positive Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*