Kewaunee Scientific Corp (NASDAQ: KEQU) stock closed at $52.00 on 7/15/24 after a major increase of 13.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 363% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.6% during the last week.
Current PriceTarget Research Rating
KEQU’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Kewaunee Scientific has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Kewaunee Scientific has a slightly positive Appreciation Score of 64 and a very high Power Rating of 90, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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