Espey Manufacturing & Electronic (NYSEAMERICAN: ESP) stock enjoyed a major increase of 21.3% on 9/30/24. The shares closed at $30.09. Moreover, exceptionally high trading volume at 1628% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 26.7% during the last week.
Current PriceTarget Research Rating
ESP is expected to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Espey Manufacturing & Electronic has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Espey Manufacturing & Electronic has a neutral Power Rating of 43 but a poor Appreciation Score of 22, leading to the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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