Stock Rating Downgrade
The Value Trend Rating for Argan Inc (NYSE: AGX) weakened in recent days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Argan Inc (NYSE: AGX) stock closed at $159.42 on 1/10/25 after a large increase of 2.4%. Moreover, trading volume in this advance was unusually high at 157% of normal. The stock has risen 16.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Argan 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. Argan has a very low Appreciation Score of 13 but a very high Power Rating of 99, with the Neutral Value Trend Rating the result.
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