FMC Corp. (NYSE: FMC) stock closed at $66.62 on 10/30/24 after a major increase of 10.7%. Moreover, exceptionally high trading volume at 344% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 6.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, FMC is expected to continue to be an important Value Builder.
FMC has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. FMC has a good Appreciation Score of 72 but a neutral Power Rating of 49, triggering 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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