On 11/6/24, Limbach Holdings Inc (NASDAQ: LMB) stock enjoyed a major increase of 20.6%, closing at $93.79. Moreover, trading volume in this advance was exceptionally high at 334% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 19.1% during the last week.
Current PriceTarget Research Rating
LMB is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Limbach Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Limbach Holdings has a very low Appreciation Score of 15 but a very high Power Rating of 99, and the Neutral Value Trend Rating results.
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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